Global spending on retail banking technology will increase by $3.6bn (3.2 per cent) in 2012, and will hit $135bn over the next five years, according to Ovum.
In a new forecast*, the independent technology analyst reveals that banks in emerging economies in the Asia-Pacific region will grow the fastest, at a rate of 8.3 per cent in 2012, hitting $10.2bn by the end of the year. Meanwhile, Western Europe will have the lowest growth of all the regions (1.9 per cent), despite being the second biggest market in terms of overall spend, reaching $44bn by the e
"The technology investments
In a new forecast*, the independent technology analyst reveals that banks in emerging economies in the Asia-Pacific region will grow the fastest, at a rate of 8.3 per cent in 2012, hitting $10.2bn by the end of the year. Meanwhile, Western Europe will have the lowest growth of all the regions (1.9 per cent), despite being the second biggest market in terms of overall spend, reaching $44bn by the e
"The technology investments
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