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.
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 ...
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
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CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings ...
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Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...
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CFPB Sues Capital One, Alleging $2 Billion in Lost Savings for Customers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, accusing the bank of misleading ...
American Banker29d
CFPB targets card industry over the devaluation of rewards
The CFPB said in a news release that potential violations include ... Four larger banks — Synchrony Financial, Citigroup, Capital One Financial and Bread Financial — issue more than 80% of store cards ...
WGAL27d
Major banks sued for failing to prevent fraud on Zelle
Capital One, PNC Bank, Truist and U.S. Bank.“The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” said CFPB Director Rohit Chopra in a ...
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In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the ...