Capital One Financial had 298 patents in artificial intelligence during Q2 2024. Capital One Financial Corp filed patents in Q2 2024 for systems that enhance security in decentralized computing environments, automatically detect and authorize recurring transactions, identify features in datasets for target population analysis, generate virtual backgrounds for video conferences based on calendar invites, and analyze web page risks using a machine learning model. GlobalData’s report on Capital One Financial gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Capital One Financial had no grants in artificial intelligence as a theme in Q2 2024.

Recent Patents

Application: User authentication in decentralized computing system environment (Patent ID: US20240211564A1)

The patent filed by Capital One Financial Corp. describes a computing system that authenticates users before allowing blockchain functions, using biometric information, smart contracts, and network usage costs to prevent brute force attacks. The system increases network usage costs as authentication attempts fail, making it cost-prohibitive for malicious actors to perform attacks. Additionally, the system employs biometric information for enhanced verification and security during authentication processes.

The patent includes claims for a computing node in a distributed system that authenticates users using biometric information, smart contracts, and network usage costs to prevent brute force attacks. It outlines operations such as obtaining user information, generating authentication input requests, analyzing handwriting samples, and increasing network usage costs based on authentication failures. The method also involves location-based authentication, anomaly detection models, and secret reproduction for user verification, all aimed at enhancing security and preventing malicious activities in decentralized computing environments.

To know more about GlobalData’s detailed insights on Capital One Financial, buy the report here.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.