Walmart files lawsuit against Capital One to terminate credit-card partnership.
TL;DR Summary
Walmart has filed a lawsuit in federal court to terminate its credit-card partnership with Capital One, citing the bank's failure to meet critical standards for customer care. The two companies entered into a contract in 2018 that made Capital One the sole issuer of Walmart's private label and co-branded credit cards.
- Walmart Sues Capital One to End Its Credit-Card Partnership Bloomberg
- Walmart Sues Credit-Card Partner Capital One - WSJ The Wall Street Journal
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