MCLEAN, Va., Jan. 21, 2021 /PRNewswire/ -- Capital One
Financial Corporation (NYSE: COF) today announced that, for
the second year in a row, the company led the banking industry for
the most US utility patents awarded, securing 747 US utility
patents over the course of the year.
Capital One's OnePatents program identifies new and innovative
products and experiences across the company that enable high-touch,
technology-centric banking solutions for its customers. Granted
patents include emerging innovations in the fields of artificial
intelligence, machine learning, blockchain, data and information
security, along with ideas to enhance the customer experience
across online and mobile banking platforms.
"At Capital One, we seek to use innovation and technology to
make a meaningful impact on people's lives. This work is the
core of what we do and the success of our patent program speaks to
the ingenuity, talent, and creativity of our associates," said
Frank LaPrade, Capital One's Chief
Enterprise Services Officer and Chief of Staff to the CEO.
OnePatents is Capital One's patent initiative which underscores
diversity and creativity as core ingredients to invention. The
OnePatents team is comprised of individuals with a range of
expertise whose common goal is to convert exciting concepts into
meaningful innovation. In addition, the OnePatents team works with
associates across all levels of the business to foster the full
lifecycle of ideations, to ensure creativity is not limited in
silos, to bring diverse perspectives to problem-solving, and to
encourage everyone to become an inventor within Capital One.
"Innovation happens everyday at Capital One. The company built a
simple, accessible program that encourages and motivates associates
in all roles across the enterprise to showcase their creativity and
become inventors," said Ariana
Woods, Head of Intellectual Property at Capital One. "To
some, the patent process can feel mysterious or even intimidating.
With our OnePatents program, we want to break down those barriers
and make it easy and welcoming for all associates to bring their
ideas forward and work with our team. Patents are just one way to
show how our associates work tirelessly to create a lasting impact
for our customers and our company."
The diversity of ideas driving Capital One's patents originate
from associates across all roles within the organization, from the
C-suite to the stockroom. Over the course of the OnePatents
program, Capital One has been awarded more than 1,800 patents
invented by more than 1,300 associate inventors.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a
financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N.A., had $305.7
billion in deposits and $421.9
billion in total assets as of September 30, 2020. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New
Jersey and the District of
Columbia. A Fortune 500 company, Capital One trades on the
New York Stock Exchange under the symbol "COF" and is included in
the S&P 100 index.
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SOURCE Capital One Financial Corporation