BMO Financial Group increased its technology spend in the third quarter as the bank invested in digital-first efforts and talent. The Montreal-based bank reported...
Robotic process automation (RPA) initiatives have created “millions of dollars” in value for BMO Financial Group, but the bank’s efforts are now shifting to...
CHARLOTTE, N.C. — Legacy technology is a barrier to automating commercial lending at banks. Mainframe systems, in particular, complicate automation, Daniel Seay, Fifth Third Bank’s senior vice president and director of wholesale transformation, said during the “Modernizing Commercial Lending through Automation” session at last week’s Bank Automation Summit. Modern software development and IT operations (DevOps) […]