Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
Capital One is having a tough week
It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoyed ...
Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
Capital One sued by watchdog that says bank cheated customers out of $2 billion
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
Capital One’s turbulent week: Service restored, but legal challenges emerge
Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a ...
US CFPB fines Cash App-parent Block over insufficient fraud protection
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Capital One sued; Cheated customers out of $2 billion, feds said
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Capital One 'technical outage' leaves customers reporting issues with deposits for over 24 hours
Capital One has been down for more than 24 hours. Customers have said they cannot buy groceries, pay rent or other bills.
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CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% ...
Business Insider4d
Capital One is having a tough week
"The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts," Rohit Chopra, the agency's director, said in a statement. "Banks should not be baiting ...