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JPM have just made a $12b investment to fix that: https://www.jpmorganchase.com/news-stories/tech-investment-could-disrupt-banking https://www.jpmorganchase.com
by tennis_sort 5y ago
JPM have just made a $12b investment to fix that: https://www.jpmorganchase.com/news-stories/tech-investment-could-disrupt-banking https://www.jpmorganchase.com/news-stories/tech-investment-c...
I'm aware that these investments often go south. I've seen HSBC's foray into "Fintech" and it was rough.
- im_asl 5y agoThat's their annual tech spend. Most of that goes to keeping the lights on. Not a lot of innovation.