Tag: Capital One

Five banks dominate global AI research in finance

A new study has revealed that JPMorgan Chase is responsible for more than a third of all banking sector AI research, underscoring the firm’s...

Tidal Cyber raises $10m to scale cybersecurity platform

Tidal Cyber, a Virginia-based cybersecurity company focused on Threat-Led Defence, has raised $10m in a Series A round led by Bright Pixel Capital.

Consumers stand to lose $2bn as CFPB halts enforcement actions

In a surprising legal turn, the Consumer Financial Protection Bureau (CFPB) has decided to withdraw its lawsuit against Capital One, potentially forfeiting up to...

Wealth management platform Prosper secures £4m to modernise investment services

Prosper, a wealth management platform focused on eliminating outdated processes, has raised £4m in a funding round aimed at accelerating its growth and expanding its AI-driven services.

Capital One and Walmart conclude consumer card partnership to streamline services

Capital One and Walmart have announced the conclusion of their consumer card partnership agreement, which began in 2019.

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

WealthTech innovator Prosper clinches over £1m in crowdfunding success

Prosper, a leading WealthTech platform, has closed its crowdfunding campaign, surpassing its initial targets to secure over £1m.

Capital One backs travel FinTech Hopper

Hopper, an online travel booking app, has raised $96m in equity funding from Capital One to support its growth and entry into social commerce.

Travel app Hopper raises $170m from new partner Capital One to...

Mobile travel app Hopper pulled in $170m in a Series F funding round fueled by its new partner Capital One alongside launching Capital One Travel for the banking giant’s cardholders.

FinCEN slams Capital One with $390m fine for “egregious” AML breaches

FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.

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