CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers

CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers

Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts. On Thursday, the bureau abandoned that lawsuit and permanently waived its legal right to ever again pursue the…

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Britain’s Lloyds Bank faces outage issues, customers unable to access payment services

Britain’s Lloyds Bank faces outage issues, customers unable to access payment services

Britain’s Lloyds Banking Group (LLOY.L) confirmed on Monday that some customers were unable to make or receive payments due to a service outage. The issue was widely reported, with over 400 complaints registered on the Downdetector website by 09:22 GMT. Bank Acknowledges Disruption Responding to customer complaints on social media platform X, Lloyds stated, “We…

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