Capital One Financial Corp. has won the 1996 excellence in technology award sponsored by Gartner Group, a technology research firm.

Richard D. Fairbank, Capital One's chairman and chief executive, accepted the honor Oct. 8 at a conference in Orlando. He was cited fir leadership and his partnership with chief operating officer Nigel Morris in designing an information-based strategy.

Capital One has used high-technology marketing approaches to grow from $1 billion to $11.2 billion in managed loans since 1988. The company's customer base grew 680% in that time.

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