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Bank of Ireland is investing $588 million in digital transformation

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The Bank of Ireland plans to invest €500 million ($588 million) in upgrades to its core IT infrastructures over the next five years or so, according to the Irish Times. Part of this investment will go toward updating its core banking platform, which will include support not only for new digital customer facing channels, but also advanced data analytics and compliance solutions.
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