Fifth Third will continue to modernize its platform through technology as long as the return on investment remains prominent. In the first quarter of 2023, the bank’s tech and communications spend increased 17% year over year to $118 million related to the cost of modernization investments, according to the bank’s earnings release. “We do not […]
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Source: https://bankautomationnews.com/allposts/retail/fifth-third-stays-course-on-tech-investment/
More from Bankinnovation
Buy-now, pay-later faces tougher rules as CFPB chief weighs in
Source Node: 1667168
Time Stamp: Sep 16, 2022
Grasshopper Bank secures fintech client using Treasury Prime’s OneKey
Source Node: 1821479
Time Stamp: Apr 3, 2023
New tools help bank customers bridge the BSA/AML compliance gap
Source Node: 1592400
Time Stamp: Jul 14, 2022
