Capital One says payments, deposits may be delayed due to system issues

Since Wednesday, banking arm Capital One has reportedly experienced system problems that could delay some payments.

The bank said a problem with one of its service providers could cause delays in direct deposits, Early Pay credit for direct deposits, electronic payments and transfers.

Capital One said it was working closely with the service provider to resolve the issue, but there was no estimate for when it would be resolved. Once the issue is resolved, the bank said it will process all transactions that have been delayed.