Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a new savings account product with a higher interest rate than its existing savings account products.
A top federal agency may pursue enforcement action against Capital One over alleged misrepresentations related to its savings accounts, the consumer lender disclosed in a filing late on Thursday.
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Tickets are now available for the nation's most celebrated wine & food Festival: the South Beach Wine & Food Festival® taking place Feb. 20-23, 2025.
Capital One's strong financials include $1.8 billion net income, a single-digit P/E ratio, and robust liquidity with $132 billion in reserves. The company is acquiring Discover Financial Services, potentially enhancing synergies and creating its own payment network, despite integration risks. Credit card operations drive over 70% of revenue but also incur high loss rates; liquidity remains stro...
CINCINNATI--(BUSINESS WIRE)--Worldpay® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay's flagship fraud detection and prevention solution, FraudSight™, will automatically receive the benefits when accepting a payment made using a card issued b...
WASHINGTON--(BUSINESS WIRE)--Tidal Cyber announces investments from USAA and Capital One Ventures to support platform enhancements and fuel adoption of Threat-Informed Defense.
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