Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
PayThink (formerly ATM, Debit & Prepaid Forum)
October 20-22
JW Marriott Desert Ridge
Phoenix
 
Money20/20
November 2-6
Aria
Las Vegas
 
ABA National Agricultural Bankers Conference
November 9-12
Hilton
Omaha, Neb.
More events >  

2014 Spending Outlook

Top 8 Ways Banks Will Spend Their 2014 IT Budgets
American Banker
There are several overall IT spending hot spots for banks in 2014.


Bank IT Spend Projected to Reach $215 Billion in 2014
Bank Systems & Technology
Worldwide financial services spending on IT is expected to reach more than $430 billion in 2014, with banks accounting for $215 billion of that figure, accruing to a new report from IDC Financial Insights.


Four Bank Tech Predictions For 2014
Bank Systems & Technology
An uptick in cloud usage and continued innovation in the payments space are among trends we can expect to see next year.


2014 an Uncertain Year in Mortgage Industry
Bank Systems & Technology
New regulations and likely declines in loan origination levels portend a difficult year for mortgage bankers.


FDIC-Insured Institutions Earned $36 Billion in the Third Quarter of 2013
FDIC
This is the first time in 17 quarters since the second quarter of 2009 that earnings registered a year-over-year decline. The earnings decline was mainly attributable to a $4 billion increase in litigation expenses at one institution.


Gartner Identifies Top Vertical Industry Predictions for IT Organizations for 2014
Gartner
More than 60% of banks worldwide will process most of their transactions in the cloud by 2016, Gartner predicted in a new report.


2013 ICBA Community Bank Payments Survey
ICBA
Payments revenue bounced back from a lull in 2011; however, these increases in revenue were outpaced by rising costs.


2013 Community Banking Industry Outlook Survey
KPMG
Encouraging outlook moves beyond regulation.


2014 IT Spending To Increase Slightly
Wall Street & Technology
TBR's research shows that banks of all sizes are especially focused on investing in technology that can enable business growth through application modernization. Banks are turning to business intelligence applications and analytics technology, for instance, with 20 percent of discretionary spending focused on those technologies. However, the amount of the IT budget dedicated to maintenance and "keeping the lights on" continues to be larger than most bank's discretionary budgets.

<-Back