Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not ...
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
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.
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CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...
Capital One Made ‘Substantial Progress’ Resolving Outage—Here’s What To Know
The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits ...
Consumer watchdog sues Capital One for allegedly 'cheating' customers out of interest payments
Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...
American Banker15h
Capital One's five-day outage highlights third-party risk
A power outage and hardware failure at fintech FIS last week delayed deposits and payments at 27 banks, including Capital One ...
NerdWallet4d
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...