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Capital One acquires machine learning technology startup Notch Tech Startups

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Capital One, one of the top 100 America's 100 largest banks, has acquired a machine learning technology startup, Notch. Notch is a technology startup that applies machine learning and software implementation to deliver unique solutions to customers. The startup was founded in 2014 by Paul Hurlocker and David Der. "We're thrilled to announce we were acquired by Capital One! Our team is joining their Center for Machine Learning & looks forward to the great things we'll do together using machine learning and opensource technology – to make them a leader in both," the company said in a Twitter post. Notch was acquired 15 months after Capital One created an in-house "Center for Machine Learning."

  Industry: Banking & Finance (0.39)