We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.
Three weeks later, Zhou got a bill from Synchrony Bank, which owns CareCredit, the largest medical credit card company in the ...
The U.S. Consumer Financial Protection Bureau announced Tuesday a lawsuit alleging Capital One scammed billions of dollars off its customers in interest payments as it seeks to expand its global ...
The complaint says Capital One promised depositors that their 360 Savings account provided one of the nation’s “top,” “best” and “highest” interest rates, ...
The Electronic Fund Transfer Act (EFTA) and Regulation E apply to an electronic fund transfer (EFT) that authorizes a “financial institution” to ...
In a letter to President-Elect Donald Trump, the American Bankers Association and its 52 affiliates are calling for a halt to all regulatory ...
The Consumer Financial Protection Bureau sues financial firm for keeping customers in the dark about a higher-yielding ...
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...