Row not getting updated after PostgresSql query - postgresql

Question

This is my simple query which deletes a row from table A and inserts it into table B with some additional columns. I still see the row in question in table A and not table B. But transaction shows successful with no errors.
with failed as (delete from transactions where transaction_id='12345' returning *)
insert into failed_notifications ("transaction_id") select "transaction_id" from failed;
Response I get from the postgres
Updated Rows 0
Query with failed as (delete from transactions where transaction_id='12345' returning *)
insert into failed_notifications ("transaction_id") select "transaction_id" from failed
Schema
CREATE TABLE public.failed_notifications (
transaction_id text NOT NULL,
"identity" text NULL,
identity_type text NULL,
country_id text NULL,
updated_at int8 NULL,
created_at int8 NULL,
reason text NULL,
CONSTRAINT failed_notifications_pkey PRIMARY KEY (transaction_id)
);
CREATE TABLE public.transactions (
"identity" text NOT NULL,
identity_type text NULL,
service_id text NULL,
partner_id text NULL,
country_id text NULL,
updated_at int8 NULL,
created_at int8 NULL,
transaction_id text NOT NULL,
start_date int8 NULL,
end_date int8 NULL,
is_sms_triggered bool NULL,
CONSTRAINT transactions_pkey PRIMARY KEY (transaction_id)
);