Capital One Earns Spot on the 2013 InformationWeek 500 List of Top
Technology Innovators Across the U.S.
Recognized for leveraging technology to drive innovation and digital banking
MCLEAN, Va. -- October 3, 2013
Capital One Financial Corporation (NYSE: COF) today announced that it was
named to the 2013 InformationWeek 500 - a list of the top technology
innovators in the U.S. Capital One was recognized as a leader in leveraging
technology to drive innovation and digital banking capabilities that are
enabling a digital-first customer experience. The full list can be found at
“Technology and innovation have always been cornerstones of the Capital One
business culture. We are intently focused on the customer experience across
all of Capital One’s lines of business and whether it is a product offering,
service or platform, we recognize the need to continually adapt and innovate
to enrich the quality of customer and user experience,” said Rob Alexander,
Chief Information Officer, Capital One. “We are very pleased to be recognized
as one of the most innovative users of technology in the United States.”
Last year, the company acquired ING Direct (now Capital One 360) and HSBC’s
U.S. card business. With these two major acquisitions along with customers’
growing demand for mobile and online channels, Capital One launched a
multi-faceted digital transformation project designed to quickly integrate
these two businesses and continue to position Capital One at the forefront of
where the banking industry is going.
“These acquisitions gave us the opportunity to build the next generation
online and mobile experience with a fully integrated view of the customer,
supported by an infrastructure that is scalable and enables rapid development
and deployment of new technologies, providing a better customer experience,”
"The theme of this year's InformationWeek 500 is digital business. It's a
movement, rooted in data analytics, mobile computing, social networking and
other customer-focused technologies that are turning companies and industries
on their ear," said InformationWeek Editor In Chief Rob Preston.
"Every enterprise is now a digital business — or needs to become one fast. The
organizations in our ranking are leading the way," continued Preston.
InformationWeek identifies and honors the Nation's most innovative users of
information technology with its annual InformationWeek 500 listing, and also
tracks the technology, strategies, investments, and administrative practices
of some of the best-known organizations in the country. The InformationWeek
500 spotlights the power of innovation in information technology.
Additional details on the InformationWeek 500 can be found online at
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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 $209.9 billion in deposits and $296.5 billion in total
assets as of June 30, 2013. Headquartered in McLean, Virginia, COF 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 more than 900 branch locations primarily in New York, New Jersey,
Texas, Louisiana, Maryland, Virginia and the District of Columbia.A Fortune
500 company, COF trades on the New York Stock Exchange under the symbol “COF”
and is included in the S&P 100 index.
Capital One Financial Corporation
Mark Andrews, 804-284-8844
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