Infographic

Big Bucks, Bigger Risks: How Banks Are Investing in Digital Transformation and Compliance

Big Bucks, Bigger Risks: How Banks Are Investing in Digital Transformation and Compliance

Pages 1 Pages

This infographic outlines significant increases in banking IT and compliance spending as financial institutions modernize while facing heightened regulatory pressure. It details annual global expenditures, rising allocations to applications, and massive investments in fraud prevention, risk IT, and compliance technology. Surveys show stronger future regulatory scrutiny and higher costs for compliance staff. The document underscores the need for strong information management frameworks to improve transparency, governance, and competitiveness.

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