Bank of America to Spend $4B on AI and New Tech Initiatives
Highlights Bank of America is investing $4 billion in AI and new tech initiatives in 2025, nearly a third of...
spend
Majority of banks spend less than 10% on emerging tech: RBI survey
Banks in India allocated less than 10% of their information technology budget to emerging technologies this year, the Reserve Bank...
Banks spend billions on tech, so why are outages still a thing?
To be fair, banks’ systems are working the vast majority of the time. Across all the categories of retail banking...
How businesses can better navigate technology spend
“Tech is breaking out of tech”, as I was once told, and this has never been truer than in 2024....
