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Regional banks are spending heavily on tech. Is it enough?

Nov 21, 2018 - American Banker

You can hear the sense of urgency in the name of BB&T's digital strategy: "Disrupt or die."

During its investor day last week, technology investments took center stage, as the Winston-Salem, N.C., company discussed overarching plans to cut costs in areas such as branching and reinvest that money into digital platforms.

In a move that's rare among its peers, the $223 billion-asset BB&T also provided a close look at its tech budget. This year, BB&T expects to spend $1 billion on techno...