Moody's: I-Banks spend $72B annually to fend off fintechs | Auto Finance News | Auto Finance News

Moody’s: I-Banks spend $72B annually to fend off fintechs

Global investment banks are making major digital investments to keep pace with fintechs, Moody’s Investors Service reported in a research note this week. The research study noted that global investment banks are focusing on enhancing their digital platforms, spending an average of $72 billion annually on IT. While they are increasingly partnering with fintechs, the […]

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