Bank of America to spend $3.7B on tech development in 2023

https://bankautomationnews.com/allposts/retail/bank-of-america-to-spend-3-7b-on-tech-development-in-2023/
https://bankautomationnews.com/wp-content/uploads/2020/05/361247463-scaled.jpg?#

Bank of America is increasing its technology development spend 9% year over year in 2023 as the bank continues to invest in digitization. The $3.1 trillion bank will spend $3.7 billion on technology development in 2023, up from $3.4 billion in 2022, Chief Executive Brian Moynihan said at the Bank of America Securities Financial Services […]

https://bankautomationnews.com/allposts/retail/bank-of-america-to-spend-3-7b-on-tech-development-in-2023/