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Tech firms sweeten deals for U.S. banks cutting costs in crisis

Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as the pandemic forces Wall Street to cut tech budgets, according to executives involved in the talks. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: banks, firms, talks, involved, executives, according, budgets, Street, forces, pandemic, business, sweeteners, discounts, deferrals, payment, offering, services, technology, crisis, costs, cutting, deals, sweeten

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/578dDjWVKYA/tech-firms-sweeten-deals-for-u-s-banks-cutting-costs-in-crisis-idUSKBN22U1DK