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Capital One (COF) reported earnings 30 days ago. What's next for the stock?
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COF's NII growth accelerates on higher rates, credit card expansion and its $35.3B Discover acquisition.
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Bank of America, JPMorgan and Capital One's Zelle faces a New York lawsuit alleging $1B theft from weak fraud safeguards.
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New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and did not take actionable steps to resolve it.
Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers.
Key Points in This Article: Credit card delinquencies hit 12.3% in Q2 2025, near the 2011 all-time high of 13.7%.