Bank warns ATMs could fail in crisis - keep cash
The Bank of England has issued a stark warning that cash machines and card payments could stop working in a major crisis, urging the public to keep some physical money as a backup.
The Bank of England has issued a stark warning that cash machines and card payments could stop working in a major crisis, urging the public to keep some physical money as a backup.
The Bank of England has raised concerns over increasing ATM withdrawal fees as inflation pressures mount, leaving consumers facing higher costs for accessing cash.
The Russian government has intensified its digital and financial blockade in Ukraine by restricting access to Instagram and halting ATM services in occupied regions.
A widespread IT failure at Post Office branches across the UK has left customers unable to process transactions, causing frustration and delays.