Scotiabank tech spend climbs 13%
Active digital users in Canada grew 7% to 4.8 million
Scotiabank‘s tech spend climbed in the fourth quarter as the bank invested in digitalization and automation to keep up with client demand. The Canadian bank’s spend on technology during the quarter increased 13% year over year to CA$570 million ($421 million), according to the bank’s earnings supplement. Total non-interest expenses increased 6% YoY to $3.5 […]
