About This Statistic
This statistic presents the forecast of bank expenditures on new technologies in 2015 and 2017, by region. Bank spending on new technologies was predicted to amount to 19.9 billion U.S. dollars in 2017 in North America.
The banks develop current systems and work on new technological solutions in order to increase their competitiveness on the global market and to attract clients interested in new online and mobile technologies. It is a big opportunity for global Fintech companies which provide new ideas and software solutions for the banking industry.