North American Banks To Spend $73.8B On IT In 2014

Technology Business Research has released new research that suggests large North American financial institutions will spend $78.3 billion on IT improvements in 2014, Finextra reported on August 2.

The spending will be allocated to software, hardware and professional services. Respondents said they would pay $1.5 million on mobile and online banking projects.

For more insights, read the full report summary here.

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