Capital One & USC launch the Center for Responsible AI and Decision Making in Finance (CREDIF) to advance the future of AI. Capital One and USC partner on artificial intelligence initiative Capital One and the University of Southern California (USC) have announced the launch of the USC-Capital One Center for Responsible AI and Decision Making in Finance (CREDIF), a joint research center that will advance state-of-the-art research and foundations for algorithmic, data and software innovations in responsible AI and its applications to finance. The initiative, supported by a $3 mill ..read more

Learn about how Capital One’s Applied AI Research is fueling the frontier of AI. As the EVP, Chief Scientist, and Head of Enterprise AI, Prem Natarajan is leading the technology strategy, architecture and development for Capital One’s enterprise data, analytics and machine learning initiatives. This includes advancing its AI capabilities, tools and research efforts. Having worked in government, academia and big tech, I have been fortunate to be at the cutting edge of AI throughout my career. What I enjoy most about working in this field is tackling the most challenging technology pr ..read more

Capital One & Columbia University announce a new partnership to establish the Center for AI and Responsible Financial Innovation. Capital One and Columbia University’s Fu Foundation School of Engineering and Applied Science are partnering to establish the Center for AI and Responsible Financial Innovation (CAIRFI) to accelerate research, education and the responsible advancement of state-of-the-art AI in financial services. Capital One will invest $3 million to support the initiatives of the Center, which include PhD fellowships awarded annually to students in Columbia University’s Fu Fou ..read more

Looking ahead at open source trends and technology in 2024. Open source gained traction with large enterprises over the last two decades, but recently, AI and machine learning shifted even more attention to open source. To build the most technically advanced applications at scale, large companies are increasingly embracing open-source tools, models, and frameworks due to their flexibility and cost advantages. At Capital One, this is nothing new. We began investing significantly in open source in 2015, embarking on a journey to put open source at the center of our digital transformation ..read more

Capital One’s AI research team recaps NeurIPS conference, including neural networks and explainable AI. In 2024, AI continues to dominate the global innovation conversation, including the future of what is possible when the technology is responsibly and thoughtfully applied across industry and society. Financial services is among the high-impact sectors that is poised to benefit most from advances in AI applications. Capital One recognizes that solving the toughest challenges within AI and finance requires an open exchange of ideas amongst industry, academia and research organizations. Each y ..read more

Capital One is working alongside industry leaders to advance the future of AI. At Capital One, we are driven by our mission to change banking for good by helping improve the financial lives of millions of customers. We believe the evolving capabilities of AI in combination with our mission-driven focus presents a tremendous opportunity to deliver value to customers in ways never possible before — from offering more seamless, personalized products to enhancing privacy and protection of customers’ financial information. On joining PAI, Prem Natarajan, EVP, Chief Scientist & Head of Ent ..read more

A comprehensive approach to data security for real-time applications In the dynamic landscape of financial operations, prioritizing the protection of sensitive data is an imperative task. This commitment to data security is not only crucial for upholding data integrity, but also serves as the foundation for maintaining confidentiality, ensuring regulatory compliance and fortifying against unauthorized access, transaction threats and insider threats. Data security strategies employ various methods, such as robust encryption, HTTPS/TLS, payload encryption and cryptographic keys. These comb ..read more

Learn how a team of developers embraced open source to create a singular software delivery pipeline. It’s 2015, you have a small group of developers in the card organization of Capital One in Canada and you’re starting new development from the ground up. What starts as a small development-operations pipeline with everybody located in the same office starts to grow, and eventually we end up with multiple pipelines spanning the company because different groups were solving the same problem in their own ways. You try to fix this by employing various DevOps concepts, where both sides are wor ..read more

Cloud computing has impacted business across many sectors. Dive into cloud computing and its future potential. What is cloud computing? Cloud computing is a technology that offers on-demand availability of computing resources, notably data storage and computing power, without direct active management by the user. It has become a staple in modern businesses and operates on a model of shared resources, where data is stored in data centers and available to users over the internet. However, this critical technology didn’t emerge overnight. Its evolution represents decades of progress in computing ..read more

Rust error handling: Common Rust errors and how to solve them Rust is a modern programming language with a long history. Development started in the mid-2000s as a personal project by Mozilla Research employee Graydon Hoare. However, it wasn’t until 2015 that Rust 1.0, the first stable public release, was made available to users. In the time since it’s quickly become popular for its emphasis on performance and memory safety. Like any programming language, Rust is bound to throw you an error from time to time. Fortunately, it’s equipped with a robust error-handling process that can he ..read more