Capital One Pushes Deeper Into AI as Card Spending Grows
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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 card purchase volume increased 11% year over year to […] The post Capital One Pushes Deeper Into AI as Card Spending Grows appeared first on PYMNTS.com.
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