Discover tech investment jumps 31% in Q1

Discover tech investment jumps 31% in Q1

Source Node: 2601896
Discover Financial Services increased its technology spending 31% last quarter to focus on four areas of investment: machine learning and AI, core systems, and network and compliance management systems. The company made the disclosure during its first-quarter earnings report released Thursday. Discover spent $232 million on technology and consulting expenses during the quarter, according to […]

Time Stamp:

More from Bankinnovation