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U.S. Bank tech spend up 12% to $513M

Hoca

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U.S. Bank made digital and operational investments during the fourth quarter as it focused on modernizing payments and technology. The $668 billion, Minneapolis, Minn. bank spent $513 million on technology and communication during Q4, up 12% year over year, according to its Q4 2023 earnings presentation. U.S. Bank is investing in its merchant processing […]
 
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