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Bank of America invests $800M in tech in Q2

Digital users increased 5% YoY to 43M

Henrik NilssonbyHenrik Nilsson
July 18, 2022
in Banking
Reading Time: 2 mins read
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Bank of America’s efforts to boost its digital tools are paying off, and the $3.1 trillion bank plans to continue its technology investments amid increased customer adoption of the bank’s digital tools. The bank invested in and implemented $800 million in technology in the second quarter, Chief Financial Officer Alastair Borthwick said during today’s earnings […]

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