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Why Banks May Be Hoping You’re Not Paying Attention
Posted inBanking and Financial Institutions Capital One Financial Corporation Consumer Financial Protection Bureau Content Type: Service Ethics and Official Misconduct Interest Rates Personal Finances

Why Banks May Be Hoping You’re Not Paying Attention

They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
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Posted by By Ben Blatt
Capital One Customers Complain of Being Locked Out of Accounts
Posted inBanking and Financial Institutions Capital One Financial Corporation Computer Network Outages Customer Relations E-Commerce Mobile Commerce and Payments

Capital One Customers Complain of Being Locked Out of Accounts

The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.
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Posted by By Lauren McCarthy
Capital One Is Accused of Cheating Customers Out of $2 Billion
Posted inBanking and Financial Institutions Capital One Financial Corporation Consumer Financial Protection Bureau Interest Rates Regulation and Deregulation of Industry Suits and Litigation (Civil)

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 rates rose.
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Posted by By Rob Copeland
José Andrés Opens New Dining Destination at Reagan National Airport
Posted inCapital One Financial Corporation Reagan, Ronald, Washington National Airport Restaurants

José Andrés Opens New Dining Destination at Reagan National Airport

The Michelin-starred chef and humanitarian has partnered with Capital One to open a lounge-restaurant hybrid at Ronald Reagan National Airport.
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Posted by By Christine Chung

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