Tagged: capital one

May 21, 2025 @ 6:16 pm By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) announced that it has completed its acquisition of Discover Financial Services. Richard D. Fairbank, Founder and CEO of Capital One said: “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences… Read More

May 14, 2025 @ 4:24 pm By JD Alois  |  

New York Attorney General Letitia James has sued Capital One (NASDAQ:COF), alleging the company misled consumers about its 360 Savings Account and interest rates. Capital One dodged a similar suit brought by the Consumer Financial Protection Bureau (CFPB), which was dismissed this past spring. The… Read More

April 19, 2025 @ 10:53 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) announced that it has “conditionally” approved the merger of Discover Bank, Greenwood, Delaware, into Capital One, National Association, McLean, Virginia. The OCC conducted a fulsome review of the application “submitted March 21, 2024, to ensure all… Read More

April 6, 2025 @ 5:57 pm By Omar Faridi  |  

In a significant development for the US financial services sector, the Department of Justice (DoJ) has given the green light to a $35 billion merger between Capital One Finance Group and Discover Financial Services. The decision, announced this week, marks a pivotal step forward for… Read More

March 4, 2025 @ 7:43 pm By Omar Faridi  |  

This past Thursday, the Consumer Financial Protection Bureau (CFPB) dismissed a significant lawsuit against Capital One and its parent company, Capital One Financial Corp, originally filed on January 14, 2025. The suit, launched just days before President Donald Trump’s inauguration, accused Capital One of depriving… Read More

January 14, 2025 @ 9:12 am By JD Alois  |  

Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, “What’s in your wallet.”  Unfortunately, the Consumer Financial Protection Bureau (CFPB) believes that Capital One has been cheating its customers, thus questioning if consumers should keep Capital One as a credit… Read More

December 22, 2024 @ 12:48 pm By Tony Zerucha  |  

Customers of the nation’s largest national bank brands have higher levels of confidence that they can meet their financial needs and support them in challenging times, which helps to improve customer satisfaction and increase trust. According to the J.D. Power 2024 U.S. National Banking Satisfaction… Read More

February 20, 2024 @ 8:10 am By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) and Discover Financial Services announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The transaction brings together two companies “with track records of delivering… Read More

February 12, 2024 @ 10:22 pm By Omar Faridi  |  

Financial activities–from paying bills to checking bank balances to sending money to friends–have increasingly “moved online, making digital literacy critical to managing our finances,” according to an update from Capital One. Adam Davis, Vice President, Financial Health, Inclusion, and Liquidity at Capital One, said: “Financial… Read More

September 24, 2023 @ 6:17 am By Omar Faridi  |  

Capital One announced that Capital One Venture X Business, the addition to the Venture X family, is now widely available to all eligible business owners on the Capital One website. Designed for business owners who want travel benefits and business-grade capabilities, the Venture X Business… Read More

August 25, 2022 @ 3:58 pm By Omar Faridi  |  

Capital One joins the Open Source Security Foundation (OpenSSF) as “a premier member affirming its commitment to strengthening the open source software supply chain.” OpenSSF is “a cross-industry organization hosted at the Linux Foundation, designed to inspire and enable the community to secure the open… Read More

August 6, 2022 @ 1:48 pm By Omar Faridi  |  

Fintech firm Plaid recently announced that financial services industry veteran Meghan Welch has joined as the firm’s very first Chief People Officer. Plaid has “grown to 1,200+ employees to support the mainstreaming of fintech.” Meghan’s over 20 years of professional experience at Capital One, “most… Read More

July 14, 2022 @ 11:03 am By Omar Faridi  |  

Melio, a B2B payments platform for small businesses, announced the launch of a “fully integrated” accounts payable solution with Capital One Business. This strategic partnership will “enable Capital One small business cardholders to pay their vendors and suppliers with a card – even if they… Read More

February 4, 2022 @ 8:09 pm By Omar Faridi  |  

Trovata, the Fintech firm focused on automating cash workflows via multi-bank API data aggregation for corporate finance and treasury teams, recently announced a distribution agreement with Capital One (NYSE: COF). In connection with the partnership, Capital One will “market and refer Trovata’s cash management platform… Read More

December 3, 2021 @ 3:45 pm By JD Alois  |  

As was reported earlier this week, the Consumer Financial Protection Bureau (CFPB) has published a report on overdraft fees. These usurious fees generate billions on revenue for traditional banks. Almost like a drug addict, old banks struggle to eliminate these fees that end up harming… Read More

April 21, 2021 @ 8:19 am By Omar Faridi  |  

OakNorth has reportedly entered into software deals with US banking institutions Capital One and Fifth Third, according to a report from BI. OakNorth has managed to onboard two new clients for its credit intelligence product offering. Capital One and Fifth Third Bank will be using… Read More

March 1, 2020 @ 10:34 pm By Omar Faridi  |  

Capital One Financial Corporation (COF), a major US-based bank holding company focused on offering credit cards, auto loans, banking, and savings accounts, is preparing to close down 37 of its physical branch locations across the country.  The company notes in a press release that the… Read More

August 31, 2019 @ 1:28 pm By Cali Haan  |  

A Seattle woman and former Amazon Web Services employee accused of stealing personal data from credit card-issuer Capital One and 30 other companies also used victim’s servers to mine cryptocurrency, prosecutors in the State of Washington allege. Paige Thompson is accused of accessing victims’ servers… Read More

August 8, 2018 @ 1:52 pm By Samantha Hurst  |  

Finicity, a provider of real-time financial data aggregation and insights, announced on Wednesday it has signed a data sharing agreement with Capital One. According to Finicity, the agreement will enable Capital One customers to securely share financial data with the third-party apps and services that… Read More

December 17, 2017 @ 3:26 pm By Rae Steinback  |  

We’ve been hearing a lot of talk about chatbots lately. Some of these conversations are about the ways that companies are having success with chatbots, but others are about brands that have failed to implement them properly. What is A Chatbot? A chatbot is a… Read More