Scotiabank’s tech spend rises 10% YoY
Canadian bank reported an increase in digital and mobile banking users
Scotiabank increased its investment in technology, personnel costs and advertising to grow business operations and remain competitive. In the third quarter of 2023, which ended June 30, the $1.3 trillion bank reported its tech expenses increased to $524 million, up from $476 million in Q3 2022, an increase of 10% year over year, according […]
