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Scoop.it!
Citigroup Inc. spent $8 billion on technology in 2017, easily more than was invested by venture capital across all U.S. financial technology startups last year. 
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Tech spending in big bank continues to drive automation, digital, analytics creating a bridge for retaining and acquiring the mobile savvy customer as branches continue to close. $8 billion represents 20% of total expense base for Citi !Â