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Scotiabank Suffers Direct Deposit Outage on Pay Day

  • Scotiabank experienced a technical issue affecting direct deposits, resulting in missed payments for many clients on Friday morning.
  • A significant number of outage-reports were logged, with 89% related to deposit issues, and the bank-assured customers that teams were working to resolve the problem quickly.
  • The outage caused inconvenience and frustration among clients who rely on timely payments, particularly on payday.