Resolved -
This incident has been resolved.
Jun 23, 10:30 EDT
Investigating -
We are currently investigating an issue that may cause some American Express card transactions to display incorrect merchant descriptor information on cardholder digital applications.
Our teams are actively working to identify the cause and assess the scope of impact. We will provide updates as additional information becomes available.
We apologize for any inconvenience and appreciate your patience.
Jun 18, 10:25 EDT
Resolved -
This incident has been resolved.
Jun 23, 10:02 EDT
Identified -
We are aware of a funding delay impacting a subset of merchants today utilizing Citizens bank. Due to a delay in ACH file processing, some deposits were not processed as originally scheduled. The impacted files were successfully processed by 10:00 AM ET, and affected merchants should receive their funding by close of the business day today.
We apologize for the inconvenience and appreciate your patience as we worked to resolve the issue.
Jun 22, 16:25 EDT
Resolved -
The issue impacting certain Visa transactions has been identified and corrected.
Affected Visa transactions that did not previously settle have now been successfully settled and are scheduled for funding. Due to the banking holiday, funding for impacted transactions is expected to be received on Monday.
We apologize for any inconvenience and appreciate your patience while we worked to resolve this matter.
Jun 18, 17:05 EDT
Investigating -
We are currently investigating an issue impacting Visa transactions that are causing funding discrepancies for some merchants.
Our teams are actively working to identify the root cause and determine the scope of impact. We will provide updates as more information becomes available.
We apologize for any inconvenience and appreciate your patience while we work toward a resolution.
Jun 18, 12:30 EDT
Resolved -
Issue has been resolved and all funds have been released.
Jun 16, 00:15 EDT
Monitoring -
Due to an issue encountered following planned maintenance, funding files for Merrick Bank Next Day Funding (NDF) merchants with Saturday and Sunday processing were submitted after the Federal Reserve's processing deadline. All impacted merchants will still receive funding today. Funds are being processed as Same Day Funding (SDF) and are expected to be available by approximately 1:30 PM ET today. We apologize for the inconvenience and will continue to monitor processing through completion.
Jun 15, 13:44 EDT