Recursion is eliminating approximately 20% of its workforce, in a restructuring that reflects challenges seen across the biopharma industry.

In a bold move that reshapes its financial services strategy, Walmart is replacing its former credit card partnership with Capital One by introducing a new programme powered by its own fintech firm, ...

Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it ...

While Capital One and Discover both owned large credit card portfolios and sizable online deposit franchises, the latter company also ran its own payment network, presenting Capital One with ...

Under the deal, Capital One will pay $300 million to a class of people who opened a 360 Savings account since Sept. 18, 2019 to cover the interest they would have earned had they instead opened a ...

Bank allegedly cheated depositors out of interest payments Capital One did not admit wrongdoing in agreeing to settle New York also suing Capital One over savings accounts May 16 (Reuters ...

New York Attorney General Letitia James is suing Capital One for allegedly cheating its online savings account customers out of millions of dollars in interest payments. The lawsuit alleges that ...

“At the heart of this transformation lies the indispensable role of financial market infrastructures, depositories, clearing houses, payment ... This ambition is underpinned by a capital market ...

“We are one of the few banks to offer instant access to robust real-time transaction and balance reporting at an individual virtual account level or perform ACH [automated clearing house] allocations ...