Capital One Financial reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the consumer lender. Consumer spending has remained strong on hopes of a soft landing for the economy and falling interest rates,

Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a lawsuit from CFPB.

Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans increased.

The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits and payment processing.

The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.

FIS Global, the Capital One service provider involved, said it has "restored access" and processing should be done Friday.

President Donald Trump celebrated with an estimated 20,000 supporters for an indoor inaugural parade Monday inside Capital One Arena, after being sworn in as the 47th president of the United States.

Donald Trump will be sworn in as the 47th president of the United States on Monday at an inauguration ceremony that has been scaled back due to a forecast of severe cold weather in the nation's capital.

A “technical issue” of a third-party vendor that Capital One uses is affecting some of the bank’s customers to access deposits and other services.

An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an afternoon statement, the bank said it was still restoring systems that had been taken offline due to a technical issue with a third-party vendor.

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

As officials and dignitaries crowd into the Capitol Rotunda for the inauguration, thousands of Trump supporters have crowded into Washington's Capital One Arena for a watch party.