US banks Q3 results shine light on financial services innovation
Info Source
OCTOBER 12, 2018
To respond, incumbent banks are investing in next-generation technologies, with the global banking industry spending $519 billion on IT this year, up 4.1 Many traditional institutions are still in a tug of war with fintechs and digital challenger banks. percent year on year, from $499 billion in 2017 according to Gartner.
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