The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

BMO chief Bill Downe insists the bank has long been ahead of the curve on technology, citing examples such as being the first bank to roll out automatic teller machines.
BMO chief Bill Downe insists the bank has long been ahead of the curve on technology, citing examples such as being the first bank to roll out automatic teller machines.
(Adrian Wyld/CP)

BMO starts talking tough about technology

Don’t count Bank of Montreal out in the retail banking technology race. The lender refuses to get left in the dust.

While rival banks such as Canadian Imperial Bank of Commerce and Royal Bank of Canada have been vocal about their heavy spending on technology to keep up with evolving consumer tastes, BMO has been rather quiet, leading some to believe the bank wasn’t focused on the revolution.