The payment-protection insurance scandal of the past few years in the United Kingdom generated a number of important industry lessons, particularly the need for better reaction to consumer feedback, ...

LONDON, Oct 4 (Reuters) - Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), ...

BIRMINGHAM, UNITED KINGDOM, April 25, 2023/EINPresswire.com/ -- Google shows that there has been a drop of 83.33% in searches of Plevin PPI to less than 500 per month ...

HSBC have announced they have set aside a further £340 million for PPI redress costs, bringing the total PPI provisions across the banks to a staggering £10 billion. Last week Lloyds increased the ...

LONDON (Reuters) - Barclays has begun a challenge to the competition watchdog's planned ban on the sale of payment protection insurance alongside credit cards, loans and mortgages, the bank said on ...

Consumer champion Brunel Franklin says the claiming of secondary payouts on Payment Protection Insurance (PPI) cases is looking like the next big PPI mis-selling scandal. Yet with the Financial ...

Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the Payment Protection Insurance scandal, according to Nikhil Rathi, chief ...

The latest refunds come after Lloyds self-reported three breaches of this order to the Competition and Markets Authority. A watchdog is urging anyone who believes they were mis-sold payment protection ...

Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...

LONDON, Sept 26 (Reuters) - Britain's financial watchdog threatened higher fines and unannounced swoops on firms on Wednesday after a probe into the sale of payment protection insurance found firms ...