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U.S. Bank: Technology investments expected to level off in 2022

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Technology investment was a major point of focus for U.S. Bank’s fourth-quarter earnings report, but the bank expects investments to remain level in 2022. The $573 billion bank made significant digital banking investments in Q4, acquiring MUFG Union Bank in an $8 billion deal, along with fintechs TravelBank and Bento. However, the level of investment […]

Source: https://bankautomationnews.com/allposts/business-banking/u-s-bank-technology-investments-expected-to-level-off-in-2022/

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