Earnings roundup: Big banks boost tech spend, focus on digital revamps

https://bankautomationnews.com/allposts/retail/earnings-roundup-big-banks-boost-tech-spend-focus-on-digital-revamps/
https://bankautomationnews.com/wp-content/uploads/2022/11/canstockphoto97100916-scaled.jpg?#

Technology spend at banks grew in the third quarter as mobile usership, tech partnerships and digital enhancements remained a priority for most of the larger financial institutions. The $1.6 trillion Goldman Sachs, for one, allocated $459 million for technology and communication in Q3, up 16% year over year. The $3.1 trillion Bank of America’s tech […]

https://bankautomationnews.com/allposts/retail/earnings-roundup-big-banks-boost-tech-spend-focus-on-digital-revamps/