2 mn read

Capital One accused of ‘cheating millions of customers’

2 mn readCapital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts. The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low […]

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2 mn read

Capital One two-day outage leaves customers in free-fall

2 mn readThird-party supplier blamed as folks left unable to access funds Capital One is still battling to fix whatever brought down its systems on Wednesday, which has left people unable to access their money. While the US banking and credit-card giant continues to accept incoming deposits, attempts to withdraw funds or look up accounts bring up […]

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