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The Top Challenges Facing Banking IT in 2013

As usual, bank IT department's will have much on their plates for 2013.

2012 was a year of growth, however minimal, for bank IT departments. After years of flat or declining budgets due to the fallout of the recession of 2008-09, banks by-and-large saw their IT budgets grow this past year.

As we enter 2013, IT faces a kind of transition in the banking industry. No longer off on its own, IT is playing a greater role in helping banks carry out marketing, sales and channel integration initiatives in financial services. Bank Systems & Technology asked a sampling of industry veterans and watchers what they thought will be IT's biggest challenge in 2013.

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

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