Source: capitalone.com
Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The funding will provide the brand the...
Consumers are spending more on their cards — and delinquency rates are creeping up. To that end, Capital One’s company materials show that the allowance for losses...
There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the...
Your card bill might read “2023,” but for credit card delinquency rates, it’s 2019. As Seeking Alpha noted in a report Monday (June 19), those rates now...
Credit card delinquency rates at two of America’s biggest lenders remained low last month. Reports Thursday (June 15) from Seeking Alpha (SA) showed delinquency rates...
The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit. Piepszak has predicted...
It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...
Credit card use is up, and card balances are increasing. It may be the more vulnerable borrowers among us signaling that distress could lie ahead...
Capital One has acquired digital concierge company Velocity Black to supplement its offerings of customer experiences. Velocity Black’s platform uses both technology and human experts...