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Barclays has apologised for the issues, saying it is facing “ongoing technical issues that are impacting our customers’ accounts” and that it will ensure no customer is “left out of pocket”.
Barclays is one of the UK's largest banks, with over 20 million UK retail customers. It says it processes over 40% of the UK's credit and debit card transactions.
A major IT glitch is still affecting Barclays customers, with some locked out of their accounts throughout the night and almost 24 hours on from the bank’s initial outage.
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The acquisition would enable Barclaycard's clients to benefit from The Logic Group's single platform transaction processing capabilities, alongside data insights, which would allow merchants to better target their services to customers. In late 2014, Barclays confirmed that the Logic Group acquisition has been finalised. [17]
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Barclays was the first bank live for customer sponsorship in August 2009. Albany Software was the first solution supplier to successfully process a payment through the Faster Payments Service via DCA, using Albany ePAY on Wednesday 22 July 2009. [2]