5G mobile networks and 3D printing are the technologies of the future, according to Bank of America’s Cathy Bessant.

Her comments command attention because, as the chief technology and operations officer at BofA, Bessant manages a $14 billion annual tech budget — $3 billion of which is dedicated to new and emerging technologies.

She readily acknowledged her choices might surprise people.

Cathy Bessant, chief technology and operations officer, Bank of America

“We believe distributed-ledger technology, the technology that underpins much of the discussion around digital currency and digital exchanges is a new and exciting technology,” says Cathy Bessant, chief technology and operations officer at Bank of America. “We have yet

 

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