Capital One

Capital One starting to raise credit limits in hunt for growth

02/24/21

Capital One Financial has begun to lift borrowing limits for certain customers as it seeks to restart growth in its sprawling credit card business.

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Capital One's 4Q profit buoyed by strong credit quality

01/27/21

Capital One Financial is the latest credit card issuer to release loss reserves because its loans have performed better than expected during the pandemic

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Capital One fined $290M for ‘willful’ anti-money-laundering failures

01/15/21

The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.

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Bank regulators mull stricter rules for reporting of data breaches

12/14/20

It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.

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Capital One promotes Lia Dean to head of retail banking

11/10/20

Dean, who joined Capital One in 2014, succeeds Kleber Santos, who left the bank earlier this month to lead diversity initiatives at Wells Fargo.

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Wells Fargo taps Capital One executive to lead diversity efforts

11/02/20

Kleber Santos will be responsible for building a more inclusive workforce and designing products that meet the needs of a broader, more diverse range of customers.

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How much longer will consumer credit hold up?

11/02/20

Payment rates for auto lenders and credit card issuers have remained strong despite a spike in unemployment. Whether these trends continue into 2021 will depend largely on the actions of Congress and the pace of medical advances.

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Card companies, surprised by low write-offs, seek new customers

10/23/20

Lenders have spent months puzzled by the persistently low delinquencies on their credit cards. Now, they’re seizing the moment.

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How Colleen Taylor created new rungs in her long payments career

09/10/20

In her steady advance up the payments industry career ladder, Colleen Taylor has pursued a consistent theme of taking on challenging roles at pivotal moments, which has propelled her trajectory.

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