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Discover invests in tech, advanced analytics in Q3

Information processing spend increased 20% YoY to $149M

Whitney McDonaldbyWhitney McDonald
October 19, 2023
in Payments
Reading Time: 3 mins read
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Discover Financial Services continues to invest in technology and advanced analytics within customer service, originations, risk and compliance, fraud detection and application processes.  During the third quarter of 2023, the financial institution spent $149 million on information processing, an increase of 20% year over year, according to the its earnings presentation. Information processing was up […]

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Tags: data analyticsDiscover Financial ServicesearningsPremium
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