Capital One - News, Articles & Research

Capital One hit with $390 million fine over "egregious" AML failures

The Financial Crimes Enforcement Network (FinCEN) has enforced a $390 million civil money penalty on Capital One for engaging in both "willful and negligent" violations of the Bank Secrecy Act.

19 January 2021

Company announcement/payments

Fiserv expands MoneyPass ATM network to Capital One customers

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today a new agreement with Capital One that will offer customers secure, convenient, surcharge-free access to their funds at thousands of ATMs across the nation.

11 January 2021

News/security

Capital One fined $80m for massive 2019 hack

Capital One has agreed to a $80 million fine from US regulators over a 2019 hack which exposed the personal information of more than 100 million customers and applicants.

06 August 2020

News/cloud

Capital One suspect indicted

Seattle-based software engineer Paige Thompson faces up to 25 years in prison after being indicted on two counts related to the Capital One data breach that affected 106 million customers.

29 August 2019

News

US lawmakers intensify questioning over Capital One data breach

US lawmakers are stepping up their probe into the Capital One data breach, firing questions to Amazon CEO Jeff Bezos about the role of AWS cloud controls in the incident.

08 August 2019

News/security

Capital One data breach inquiry launched by Republicans

The US House of Representatives Committee on Oversight and Reform has requested a briefing with Capital One over the data breach that left 106 million credit card holders and applicants in the US and Canada at risk of their personal information being stolen.

02 August 2019

Company announcement/payments

Capital One to acquire BlueTarp Financial

Capital One announced today the entry into a definitive agreement to acquire BlueTarp Financial, a leading business-to-business trade credit financing company headquartered in Portland, Maine.

24 June 2019

Company announcement/payments

Capital One drives auto finance deal with CarGurus

CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a partnership with Capital One Auto Finance that will benefit both consumers and dealers.

30 April 2019

News/startups

Capital One buys online shopping comparison startup

Capital One has acquired WikiBuy, a Texas-based startup that helps users find lower prices, coupons, and rewards as they shop online. Financial terms of the deal were not disclosed.

21 November 2018

Company announcement

OCC fines Capital One $100 million for AML deficiencies

The Office of the Comptroller of the Currency (OCC) recently assessed a $100 million civil money penalty against Capital One, N.A., and Capital One Bank (USA), N.A. for deficiencies in the bank’s Bank Secrecy Act/Anti-Money Laundering program.

24 October 2018

Company announcement

Capital One inks data sharing deal with Finicity

Capital One Financial Corporation (NYSE: COF) and Finicity, a leading provider of real-time financial data aggregation and insights, have signed a data sharing agreement that enhances access and security through Capital One's Customer Transactions application programming interface (API).

08 August 2018

News

USAA inks data exchange deals with Finicity and Intuit

USAA is opening up, striking deals with Intuit and Finicity that will see members able to more easily share their data with third-party apps - without having to hand over their login credentials.

04 July 2018