The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential ...

Capital One's recent merger with Discover brings significant changes, including potential challenges for some costumers.

Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no ...

On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the ...

As outlined in the court documents, Capital One did not admit wrongdoing but agreed to compensate affected customers for foregone interest and provide additional payments to those holding certain ...

They added that the merger would let Capital One switch its debit cards to Discover's payment networks, and it might offer "more attractive products to depositors." This could include free ...

Under the deal, Capital One will pay $300 million to a class of people who opened a 360 Savings account since Sept. 18, 2019 to cover the interest they would have earned had they instead opened a ...

Capital One Financial Corporation completed its acquisition of Discover Financial Services. The deal, first announced in February 2024, is valued at $35.3 billion. The acquisition combines two of ...

Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors ...

(Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they ...