(source: capitalone.com)
Credit card delinquency rates at two of America’s biggest lenders remained low last month. Reports Thursday (June 15) from Seeking Alpha (SA) showed delinquency rates...
The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit. Piepszak has predicted...
It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...
Credit card use is up, and card balances are increasing. It may be the more vulnerable borrowers among us signaling that distress could lie ahead...
Capital One has acquired digital concierge company Velocity Black to supplement its offerings of customer experiences. Velocity Black’s platform uses both technology and human experts...
The New York City Banking Commission has voted to limit new municipal deposits in the city’s accounts at Capital One and KeyBank. The three members of the commission...
Credit card debt is at an all-time high. Although it’s not yet fully in the rear-view mirror, earnings season is signaling that where there’s smoke,...
Capital One Financial’s latest results show that, like consumers, it isn’t immune to the market. “We are expecting inflation to impact consumer credit by depressing...
Walmart has reportedly sued Capital One to end a 4-year-old credit card partnership. According to published reports Friday (April 7), the retail giant accuses the...