Capital One Pushes Deeper Into AI as Card Spending Grows
Capital One’s cardholders continued spending in the third quarter while credit losses declined, giving the bank room to pursue two expensive strategic priorities: building more volume on the Discover network and investing further in generative and agentic artificial intelligence. The Oct. 20 results showed that credit
Capital One’s cardholders continued spending in the third quarter while credit losses declined, giving the bank room to pursue two expensive strategic priorities: building more volume on the Discover network and investing further in generative and agentic artificial intelligence. The Oct. 20 results showed that credit
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