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Capital One boosts automation investment in Q3

The bank spent $349M for data processing in Q3

Brian StonebyBrian Stone
October 28, 2022
in All Posts
Reading Time: 3 mins read
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Capital One is modernizing its tech stack and increasing automation using machine learning (ML) within the bank’s systems.  The $444 billion bank reported a 9% year-over-year increase in communications and data processing spend to $349 million during the third quarter, according to the company’s Q3 earnings presentation. The technology-focused investment will allow Capital One to […]

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