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

Banks Hike Rates as Deposits See Historic Drop
Banks Hike Rates as Deposits See Historic Drop
March 06, 2023  |  Banking

Banks are raising their deposit rates to woo back consumers from higher-yield alternatives. A move to things like Treasury bills and money market funds has...

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Banks Out to Challenge Big Tech in Brewing Digital Wallet War
Banks Out to Challenge Big Tech in Brewing Digital Wallet War
February 13, 2023  |  Payment Methods

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with...

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Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
January 30, 2023  |  Loans

Earnings season and PYMNTS’ own data signals the difficulty of  keeping wheels on the road — literally. As economies reopen, many firms are returning to...

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Lenders Prepare for Defaults as Recession Looms
Lenders Prepare for Defaults as Recession Looms
January 30, 2023  |  Economy

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. As The Wall Street Journal (WSJ) reported Monday...

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Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
January 30, 2023  |  Digital Payments

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital...

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Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
January 27, 2023  |  Loans

Capital One has launched a digital tool that helps dealers better understand consumers’ financial preferences upfront, creating a more transparent car buying experience. With the...

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Capital One Card Spending Up 9% as Credit Loss Provisions Triple
Capital One Card Spending Up 9% as Credit Loss Provisions Triple
January 24, 2023  |  Credit Cards

Capital One Financial’s latest results show consumers continue to spend, but a modestly worse economic outlook has boosted allowance for credit losses. CEO Richard Fairbank...

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Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
Macy’s Holiday Warning Portends Pressure on Private-Label Card Spending
January 08, 2023  |  Retail

Macy’s rocky holiday season signals consumers are hesitant to use plastic — particularly private-label cards. Friday after the stock markets closed, the retailing giant issued...

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US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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