December 27, 2012

8 Bank Technology Trends That Will Shape the Industry in 2012

With IT budgets finally rebounding, BS&T identifies the eight trends that will shape tech spending in 2012 and determine banks' competitive positions for years to come.

By Bryan Yurcan

After several years of belt-tightening 2012 saw some modest increases in banks’ IT budgets and an array of initiatives across the industry focused on critical areas such as core systems modernization, analytics and big data proficiency, and next-generation multi-channel (especially mobile) delivery. Making smart investments in key enabling technologies is key to success and competitive advantage.