Capital One - News, Articles & Research

Top 5 payment stories you missed in February 2024

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

20 February 2024

News/security

Older Americans demonstrate more digital financial literacy than younger peers

Digital financial literacy among Americans increases with age, according to research from Capital One.

12 February 2024

News/security

Stripe forms issuer partnerships to help fight fraud

Stripe has launched an "enhanced issuer network": a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

22 February 2023

News/people

Capital One cuts 1100 'agile' tech jobs

Capital One has axed more than 1100 technology positions as the credit card firm eliminates its "agile" job family.

20 January 2023

Company announcement/devops

Capital One Joins Open Source Security Foundation

Capital One joins the Open Source Security Foundation (OpenSSF) as a premier member affirming its commitment to strengthening the open source software supply chain.

24 August 2022

Company announcement/payments

Capital One Business and Melio team on accounts payable tool

Melio, a leading B2B payments platform for small businesses, today announced the launch of a fully integrated accounts payable solution with Capital One Business.

12 July 2022

News/security

Google brings virtual cards to Chrome and Android

Google is working with Visa, Mastercard and American Express to bring virtual cards to Chrome and Android.

12 May 2022

News/identity

US banks back ID verification service

Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.

06 April 2022

News/wholesale

Capital One partners Trovata to automate cash management for corporate clients

Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.

31 January 2022

News/covid-19

Goldman Sachs demands proof of vaccine status for US office entry

Goldman Sachs has mandated that all staff and clients entering its buildings in the US must be double-jabbed to gain entry.

25 August 2021

News/retail

Capital One to require all staff to show proof of vaccination in hybrid re-opening

Capital One is to require all vistors to its HQ and other office locations to show proof that they have been double-vaccintated, as as an outbreak of the delta variant pushes back a planned re-opening by two months.

12 August 2021

News/cloud

Capital One leads $15m Lightico raise

Lightico, a startup that helps firms - including banks - collect forms, signatures, documents and payments from customers digitally, has raised $15 million in a follow-on Series B round led by Capital One Ventures.

19 July 2021

Company announcement/retail

Plaid forms open finance partnership with Capital One

Last year, Plaid announced a goal to commit 75% of our traffic to APIs by the end of 2021.

10 June 2021

News/security

Capital One invests in Socure

Machine learning-based digital identity verification firm Socure has received an undisclosed strategic investment from Capital One Ventures.

07 June 2021

News/security

Capital One Ventures invests $24 million in Securonix

Capital One Ventures has invested $24 million in cloud security intelligence firm Securonix in conjunction with a strategic partnership.

11 March 2021

News/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

20 January 2021

News/crime

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