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Discover tech investment jumps 31% in Q1

Technology, consulting costs climb to $232M

Whitney McDonaldbyWhitney McDonald
April 21, 2023
in All Posts
Reading Time: 1 min read
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Discover Financial Services increased its technology spending 31% last quarter to focus on four areas of investment: machine learning and AI, core systems, and network and compliance management systems. The company made the disclosure during its first-quarter earnings report released Thursday. Discover spent $232 million on technology and consulting expenses during the quarter, according to […]

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