Bank of America has become a global leader in digital banking steadily and without fuss. It has been a quiet route to success for the US financial firm; one done its own way, on its own timetable, and at its own pace.
Money matters of course. BofA’s total annual technology budget is $10.7 billion, of which more than $3.6 billion is dedicated to new initiatives. In the US since the start of 2012, it is a top-300 company for granted patents and it ranks 75th overall in 2022.
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