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