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From the Quartz article linked: "If it was after technology alone, BBVA could have built a platform in a few months for half a million dollars, [banking consul
by bicknergseng 12y ago
From the Quartz article linked:
"If it was after technology alone, BBVA could have built a platform in a few months for half a million dollars, [banking consultant Serge Milman] says."
I know this was probably hyperbole of the cuff, but it seems rather unlikely that any bank, institutions that are non-tech focused, could develop the same tech as a tech startup like Simple or Mint in a few months for a half million bucks. Pretty classic "ignorant of the true cost and complexity of software" attitude.