Daily Digest – December 1. Cap One Wins Lawsuit; Man Sues Over Daily Fantasy Losses

Some quick links to start your Tuesday. A banking technology provider wants to be the Microsoft of blockchain … Dunkin’ Donuts has started delivering in Chicago, joining Atlanta, Los Angeles and Washington, D.C. … Cyber Monday sales topped $3 billion for the first time ever … The next iPhone will not have a headphone jack … What does it cost to buy the items in the 12 days of Christmas? … Five weird driving laws, like the one state where it is legal to drink and drive … How workplaces will change in the next 10 years … How successful CEOs feel about 2016 … Habits of the wealthy that helped them get rich … Examples of Kobe Bryant’s “insane” work ethic … “Work hard and then go home” … The Federal Reserve will stop making emergency loans to businesses.


  • Capital One won a lawsuit in Iowa after a debtor sued because the bank is not registered as a licensed debt collector. Not being licensed is not a reason to sue and claim an unfair collection practice, according to the verdict.
  • A man is suing a number of parties, including Visa, MasterCard, American Express, JPMorgan Chase, Capital One, DraftKings, and FanDuel. He is alleging that companies are engaging in illegal debt collection activities collecting money he lost on the daily fantasy sites, which, in New York, are now considered gambling. State law prohibits collection of gambling debts.
  • CFPB Director Richard Cordray responds to the claims of errors and mistakes in the agency’s consumer complaints portal.
  • If only paying every kind of unpaid debt was this easy … a library in North Carolina has an amnesty program every year that allows residents with unpaid library fines to donate a canned good for every $1 owed.
  • ACA International has a summary of new rules of civil procedure that go into effect today. The changes are aimed at lowering the cost of litigation.

Time-saving hacks you needed yesterday

Amazon’s delivery drone in action

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