BNY Mellon’s technology spend accounted for nearly 30% of noninterest expenses in 2023 as the bank embraced new technology during the year.  The bank spent $3.8 billion on technology and $13.2 billion in noninterest expenses for the year, up 1% from 2022, according to its bank’s Q4 2023 earnings presentation today. The $30.4 billion bank […]

Whitney McDonald

Source link

You May Also Like

How to Set Up Direct Deposit With The IRS for a Faster Tax Refund

Chime is a financial technology company, not a bank. Banking services are…

India, Singapore link systems for real-time money transfers

India and Singapore linked their systems that enable real-time money transfers between…

Understanding Loan Against Credit Card | BankBazaar – The Definitive Word on Personal Finance

A loan against a Credit Card can provide quick access to funds…

What Is GDP, and Why Is It Important?

This post was originally published March 27, 2019. This update includes an…