Capital One

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States.

Source: capitalone.com

Marqeta Names Amazon Vet Fouzi Husaini as Chief AI Officer
Marqeta Names Amazon Vet Fouzi Husaini as Chief AI Officer
September 23, 2024  |  Personnel

Card issuing platform Marqeta has a new chief artificial intelligence (AI) officer. Fouzi Husaini, a veteran of Amazon and Capital One, will play a key role in Marqeta’s efforts to...

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Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
September 05, 2024  |  Legal

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation. The lawsuit, filed Wednesday (Sept. 4) in federal court in...

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Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
July 23, 2024  |  Earnings

It’s earnings season for America’s biggest financial services companies and institutions. So far, the common theme has been a softening of consumer credit and mixed...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Waters, the top Democrat on the House Financial Services Committee (HFSC), testified...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide...

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Discover Offers $1.2 Billion to Settle Merchant Overcharges
Discover Offers $1.2 Billion to Settle Merchant Overcharges
July 04, 2024  |  Credit Cards

Discover Financial Services wants to settle a lawsuit accusing it of overcharging merchants. The lender revealed the proposed settlement in the class-action case in a Wednesday (July 3)...

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Report: Walmart and Capital One Settle Legal Battle
Report: Walmart and Capital One Settle Legal Battle
June 21, 2024  |  Legal

Walmart and Capital One have reportedly settled a lawsuit centering on their former credit card partnership. The case was dismissed Thursday (June 20) by a...

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Capital One and Walmart End Exclusive Credit Card Agreement
Capital One and Walmart End Exclusive Credit Card Agreement
May 24, 2024  |  News

Capital One will no longer be the exclusive issuer of Walmart Consumer Credit Cards. The two companies announced Friday (May 24) in a joint press release that they ended their agreement....

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Capital One CEO Calls Discover Deal ‘Singular Opportunity’
Capital One CEO Calls Discover Deal ‘Singular Opportunity’
April 25, 2024  |  Earnings

Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout...

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