Capital One’s tech-related spend shoots up 11% YoY

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Tech labor costs are an “elephant in the room” for technology companies and banks. While that’s true for Capital One, the $432.4 billion bank may face “more of a headwind” with regard to the tech talent shortage, CEO Rich Fairbank said during this week’s earnings call. “I want to savor that for a second,” Fairbanks […]

Source: https://bankautomationnews.com/allposts/retail/capital-ones-tech-related-spend-shoots-up-11-yoy/

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