Over the past two months, the Consumer Financial Protection Bureau has filed numerous lawsuits and issued regulatory orders ...

They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

Capital One has been down for more than 24 hours. Customers have said they cannot buy groceries, pay rent or other bills.

Capital One customers faced significant disruptions Thursday due to a widespread outage impacting online banking services.

The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...

A major US bank has been hit by a nationwide outage, preventing customers from sending payments or accessing their money.

The federal agency alleges that Capital One failed to inform holders of its 360 Savings account about a higher-yield product, effectively keeping customers locked into accounts with significantly ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after ...

The agency alleges the bank "schemed" for members to keep their lower-yield 360 Savings accounts open by freezing ... cheating families out of billions of dollars on their savings accounts," said CFPB ...

The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...

The complaint, filed Tuesday, alleges that Capital One froze the interest rate for its "360 Savings" accounts at a low level for several years, even as national rates increased. The CFPB claims ...