Scotiabank Reports Increase in Digital Banking Adoption in Q2

Scotiabank saw increased digital adoption among its customers in the second quarter of fiscal 2024, as well as increased technology spending. The Toronto-based bank reported that active mobile users rose 10% year-over-year to 4.3 million in the quarter ended April 30, and digital adoption in Canada increased 2.7% year-over-year to 64.5%. The trillion-dollar bank said (…)