Capital One

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States.

Source: capitalone.com

Capital One and Wells Fargo Rated ‘Outstanding’ in CRA Compliance
Capital One and Wells Fargo Rated ‘Outstanding’ in CRA Compliance
March 03, 2025  |  Banking

Capital One and Wells Fargo are among 10 financial institutions rated “outstanding” in the Office of the Comptroller of the Currency’s (OCC) latest list of...

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CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
February 27, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). A Capital One spokesperson told PYMNTS in an emailed statement:...

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5 Things Earnings Season Shows About the US Consumer
5 Things Earnings Season Shows About the US Consumer
February 20, 2025  |  Consumer Insights

Earnings season, like clockwork, offers up a dizzying mosaic of data and qualitative analysis of revenues, profits (or lack thereof) and high-level views of the...

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Stockholders Approve Capital One’s Proposed Acquisition of Discover
Stockholders Approve Capital One’s Proposed Acquisition of Discover
February 18, 2025  |  Acquisitions

The stockholders of both Capital One and Discover voted to approve Capital One’s previously announced acquisition of Discover. The transaction was approved by more than...

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Issuer Earnings Show Consumers Struggling With Timely Credit Card Payments
Issuer Earnings Show Consumers Struggling With Timely Credit Card Payments
February 03, 2025  |  Credit Cards

The general tone of earnings season has been cautiously optimistic, as banks and payment networks have pointed to the willingness of consumers to keep spending....

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‘Minimum-Payment Effect’ Covers Growing Number of Credit Card Users
‘Minimum-Payment Effect’ Covers Growing Number of Credit Card Users
January 26, 2025  |  Consumer Finance

For American consumers, making minimum monthly credit card payments is becoming the norm. That’s according to a report Saturday (Jan. 25) by The Wall Street...

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Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025  |  Banking

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping...

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Capital One: Service Back After Outage Locks Out Thousands
Capital One: Service Back After Outage Locks Out Thousands
January 20, 2025  |  Banking

Capital One says it has restored service after a days-long outage locked thousands of customers from their accounts. “Account functionality for all customers is now...

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CFPB Sues Capital One Over ‘Highest’ Rates Promotion
CFPB Sues Capital One Over ‘Highest’ Rates Promotion
January 14, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Capital One Tuesday (Jan. 14), alleging that the bank promoted one savings account as offering one of the...

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