Payments News -

Retail banking – IT spending on the rise amid economic turmoil

Global spending on retail banking technology will increase by $3.6bn (3.2 per cent) in 2012, and will hit $135bn over the next five years, according to Ovum. In a new forecast*, the independent technology analyst reveals that banks in emerging economies in the Asia-Pacific region will grow the fastest, at a rate of 8.3 per [...]

The post Retail banking – IT spending on the rise amid economic turmoil appeared first on Payments Cards & Mobile.