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

It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoyed ...

Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...

Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a ...

The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...

The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...

Capital One on Thursday warned customers it is experiencing a technical outage affecting account services, deposits and payment processing.

However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% ...

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

"The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts," Rohit Chopra, the agency's director, said in a statement. "Banks should not be baiting ...