Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.
Neither Capital One nor Discover are in financial distress leading up to the shareholder vote. Capital One topped earnings estimates for 2024’s fourth quarter, and Discover also posted strong results to close out 2024. The companies’ respective financial positions indicate the merged entity will have a clear path to hit the ground running
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” accounts.
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high-interest savings accounts.
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits and payment processing.
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
A technical glitch at Capital One has left thousands of banking customers unable to access their bank accounts, process payments, or receive direct deposits since Wednesday, January 15. The banking giant, which serves over 100 million clients across the U.S., Canada, and the U.K., is scrambling to resolve the problem that has persisted until today.
Capital One customers faced outages that have prevented some from accessing direct deposits, paying bills and more.
Capital One officials are working to fix a website outage that has blocked customers from accessing their funds.
Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's play for an open banking future.