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Key Summary
Capital One has transformed into a technology-first company by leveraging open source software and empowering its engineers to innovate rapidly with modern architectures. Key points include:
- Digital-First Approach: Capital One builds and open-sources its own software to meet customer expectations for real-time, digital-first banking experiences that anticipate needs.
- Open Source Innovation: Utilizing open source technologies enables software variation and fosters innovation, allowing rapid development and adaptation.
- Empowering Developers: The company focuses on helping developers solve problems within their ecosystems, supported by its DevExchange platform.
- API Utilization: APIs play a critical role in enabling technical functions and enhancing software consumption and integration.
- Cultural Shift: Capital One emphasizes a culture of disruption and innovation, aligning team efforts with technology-driven goals.
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People are expecting banks, as well as other businesses, to be more real-time, digital-first, and be able to anticipate customer needs. This is why the company is increasingly building, and open sourcing, its own software, as well as empowering engineers to rapidly innovate using modern architecture. In this episode of InApps Technology Makers, we speak with Lorinda Brandon, Director for Developer Marketing, for Capital One DevExchange, on the journey to becoming a technology-first company.
SXSW 2017: How Capital One Became Technology-First With Open Source
Also available on Apple Podcasts, Google Podcasts, Overcast, PlayerFM, Pocket Casts, Spotify, Stitcher, TuneIn
Topics:
0:59: Tell me about your own experiences. What’s your background, and what you’ve been working on?
2:29: The disruption process and the core themes you think about when you think about disruption.
4:51: How Capital One defines the work of its teams.
8:31: Helping developers solve the problems they have, and the ecosystems they’re a part of.
8:45: How open source technologies allow for software variation and innovation.
12:35: The consumption, technical aspects, and functions of APIs.
Capital One sponsored this podcast.
Source: InApps.net
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