21 January 2018
visit www.ebaday.com

Capital One acquires machine learning consultancy Notch

08 January 2018  |  8804 views  |  0 Big data

Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base.

The 16-person team at Virginia-based Notch will join Capital One’s Center for Machine Learning  —  an in-house consultancy created in 2016 to drive the delivery of AI-powered products across the business.

Paul Hurlocker, who founded Notch in 2014 and acted as CEO, will become a senior director in software engineering at Capital One.

Hurlocker says the bootstrapped startup has delivered nearly 70 projects to 34 clients over its three-year lifespan, and first began working with Capital One last year.

"We’ve seen first-hand how Capital One’s transformative data and machine learning journey has established a foundation upon which we felt our team could make a significant impact," he adds. "They have created a collaborative environment that caters to the unique needs of developers, and they are guided by the belief that continuing to push deeper into machine learning will help their customers become more financially empowered and create opportunities to interact with them in a more natural, seamless, and accessible way."

Terms of the transaction were not disclosed.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Capital One: What we learned about what our chatbot learned

Capital One: What we learned about what our chatbot learned

25 October 2017  |  11112 views  |  3 comments | 17 tweets | 26 linkedin
As customer service goes digital, Capital One axes 400 call centre jobs

As customer service goes digital, Capital One axes 400 call centre jobs

16 August 2017  |  6332 views  |  1 comments | 9 tweets | 7 linkedin
Capital One shuts down PFM app Level Money

Capital One shuts down PFM app Level Money

07 August 2017  |  8774 views  |  1 comments | 7 tweets | 4 linkedin
Capital One unveils emoji-speaking SMS bot

Capital One unveils emoji-speaking SMS bot

10 March 2017  |  10498 views  |  0 comments | 12 tweets | 6 linkedin
Capital One acquires mobile price tracker Paribus

Capital One acquires mobile price tracker Paribus

07 October 2016  |  10201 views  |  0 comments | 13 tweets | 6 linkedin
Capital One UK hires Silicon Valley veteran as head of design

Capital One UK hires Silicon Valley veteran as head of design

22 June 2016  |  8010 views  |  1 comments | 3 tweets | 1 linkedin
Capital One opens 'Growth Labs' accelerator

Capital One opens 'Growth Labs' accelerator

18 May 2016  |  6773 views  |  0 comments | 11 tweets | 3 linkedin
Capital One integrates with Amazon Alexa for voice-powered payments

Capital One integrates with Amazon Alexa for voice-powered payments

14 March 2016  |  13009 views  |  0 comments | 17 tweets | 19 linkedin
Capital One buys design and development specialist Monsoon

Capital One buys design and development specialist Monsoon

09 July 2015  |  9799 views  |  0 comments | 8 tweets | 7 linkedin
Power in numbers: Two Capital One staff charged for mining database to predict stock prices

Power in numbers: Two Capital One staff charged for mining database to predict stock prices

30 January 2015  |  9513 views  |  3 comments | 13 tweets | 10 linkedin
Capital One acquires user experience consultancy Adaptive Path

Capital One acquires user experience consultancy Adaptive Path

03 October 2014  |  15803 views  |  1 comments | 19 tweets | 24 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.fivedegrees.nlvisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
13111 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8339 views comments | 12 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
8245 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
7265 views 1 | 7 tweets | 2 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job