Earlier today, Southwest Airlines CEO Gary Kelly likened a recent days-long massive technical glitch that canceled 700 flights, stranding thousands of passengers last week to a “once-in-a-thousand-year flood.” But pilots for the airline say the issue could have been avoided if someone other than Kelly were at the helm of the company. [More]
technical glitch
Lawmakers Want Answers On Walmart Prepaid Card Glitch That Left Thousands Without Funds
When a prepared credit card system goes down, millions of unbanked American lose their ability to access funds needed to pay bills, buy groceries, and make other purchases. This scenario was illustrated last month when customers using Walmart-branded Green Dot prepaid debit cards said they had been stranded without their funds for several days, and in some cases weeks. Now, a pair of lawmakers wants to understand the debacle better and work to prevent something similar from happening again. [More]
RushCard To Pay $19M To Customers After Weeks-Long Glitch Last year
Last October, thousands of unbanked consumers who rely on prepaid RushCards were unable to access their funds because of a technical glitch. After toying with the idea of creating a compensation fund for those customers, RushCard announced Thursday that it will pay at least $19 million to card users affected by the weeks-long outage. [More]
RushCard To Create Reimbursement Fund For Customers Unable To Access Money
The thousands of unbanked consumers who rely on prepaid RushCards but have been unable to access their funds because of a technical glitch, may receive compensation for the issue. [More]
After RushCard Fiasco, Consumer Advocates Urge More Oversight Of Prepaid Cards
For the better part of two weeks, thousands of unbanked consumers who rely on prepaid RushCards have been unable to access their funds because of a technical glitch. While the company run by Russell Simmons continues to fix the issue, consumer advocates are pointing at the incident as evidence that federal regulators need to do more to protect prepaid cardholders. [More]
Technical Glitch Locked Customers Out Of Prepaid RushCard System For The Past Week
While prepaid credit cards can serve as a lifeline for millions of unbanked Americans in need of an alternative to traditional banking, Russell Simmons’ RushCard recently left thousands of consumers stranded without their funds because of a technical glitch. [More]
Another Computer Glitch Grounds American Airlines Flights
For the second time this year, American Airlines is blaming a computer glitch for grounding dozens of flights in several airports across the U.S. [More]