Major banks’ tech spend continued to climb in 2023 as financial institutions invested in AI to add efficiencies, train employees and jump-start innovation.   Bank of America, Citibank, Goldman Sachs, JPMorgan and Wells Fargo, which all reported an increase in their tech spend in the third quarter, have been investing heavily in AI-related ventures and identified […]

Vaidik Trivedi

Source link

You May Also Like

Luma Financial Technologies Taps Yieldstreet for Alternative Investments – Finovate

Luma Financial Technologies is deepening its partnership with Yieldstreet. Luma Financial Technologies…

BNPL: Strategies for banks to get it right | Accenture Banking Blog

Banks can get an edge by supporting their customers’ desire for more…

L3Harris Technologies, Inc. (NYSE:LHX) Shares Bought by Norway Savings Bank

Norway Savings Bank increased its position in L3Harris Technologies, Inc. (NYSE:LHX –…

Oppenheimer says bank stocks are ‘significantly undervalued’ and gives its top picks

It’s time for investors to shake off the fear of bank stocks…