The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...

The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...

The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits ...

Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...

A power outage and hardware failure at fintech FIS last week delayed deposits and payments at 27 banks, including Capital One ...

The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...

Third-party vendor FIS blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected ...

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

Capital One Financial reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the ...