4 Canadian banks spent $1.3B on tech stack mergers in 2024


Royal Financial institution of Canada, TD Financial institution, Nationwide Financial institution Canada and Scotiabank spent near CA$1.8 billion ($1.3 billion) integrating the tech stacks of their current acquisitions with their current tech stack in 2024, in keeping with the banks’ earnings studies.  Merging tech stacks is capital intensive and sophisticated, and is usually in comparison with “high-risk mind surgical procedure,” […]



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