IT Services Market Endures Dismal 2012 March 18, 2013A report from research firm Ovum find that IT contract volume was down 18 percent in the financial services industry in 2012.
IDC Predicts IT Spending To Increase 6% In U.S. In 2013 March 04, 2013IDC’s new version of its quarterly Black Book predicted that IT spending will rise as the economy improves in the second half of the year. Global Bank IT Spending to Reach $179.2 Bln in 2013: Celent January 25, 2013The research firm said in a new study that it expects IT spending by banks to grow this year led by banks in North America and the Asia-Pacific. New Survey Identifies Trends in Regulations, M&A, IT Spending For Community Banks November 06, 2012A new study by KPMG found that regulations are stifling organic growth and driving mergers and acquisitions among community banks. Adding Salt to Wounds: Consumers Shun Banks for Alternatives September 14, 2012FDIC data shows that the number of households managing their finances without a bank is growing. It sounds like bad news for banks – but maybe it’s actually an opportunity. Bank IT Spending on the Rise July 16, 2012Latin America and the Middle East are growth regions, while North America and Europe remain stagnate at best, according to an IDC financial Insights report. U.S. Credit Card Use on the Rise July 05, 2012According to a MasterCard report, U.S. credit card volume increased by $185 billion in 2011. Mobile Banking Spend on the Rise June 22, 2012 China to Top Japan in IT Spend by 2013 May 17, 2012According to a new report issued by IDC financial Insights, IT spending in China will reach $173 billion in 2013. IT Spending to Grow Through 2013 April 09, 2012Forrester data predicts the upturn will be led by increased demand for software. Bank IT Spending Growth on the Decline January 20, 2012A new Celent report finds that IT spending is stagnant in North America and Europe, but on the rise in the Asia-Pacific region. Retail Bank IT Spending to Increase by $3.6 Billion Globally in 2012: Report January 13, 2012U.K. analysts Ovum also predict that banks in emerging economies in the Asia-Pacific region will grow at the fastest rate. 8 Bank Technology Trends That Will Shape the Industry in 2012 January 03, 2012With 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. Serving the Underserved Can Help Banks Regain Lost Revenues February 09, 2011Why aren't banks moving more aggressively to tap into the pot of gold represented by the more than 100 million underserved, underbanked and unbanked consumers? Banks' Global IT Spending to Grow 3.7% in 2011, Celent Predicts February 02, 2011Financial services firms around the world will spend $363.8 billion on IT this year, analysts estimate. Bank IT Spending to Rise 4% in 2011, Celent Predicts January 10, 2011North American banks will spend an estimated $53.4 billion on technology this year, analysts say.
Business Technology Spending to Increase in 2011 November 18, 2010Preparing for an onslaught of regulation, and driven by a need to improve performance, financial services firms finally are spending more on IT. Mint Data - What is it Good For? November 03, 2010Did you know that, on average, a customer shopping at New York's Tiffany & Co. or B&H Photo Video is going to spend more than they would at, say, Barnes & Noble or Kmart? Thanks to Mint Data, now you do. Nation's Finance Execs Concerned About Cash Flow, TD Bank Survey Finds October 29, 2010What's keeping chief financial officers up at night as they look ahead to 2011? Apparently it's not the state of the economy, according to a TD Bank survey, but rather the challenge of managing cash flow that's causing anxiety among CFOs and other finance IT Spending to Return to Pre-Recession Levels, Research Firm Says October 27, 2010Optimism blossoms among 133 Fortune 1,000 CIOs surveyed; business intelligence, collaboration and integration on 2011 shopping lists.