target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: IDC Survey Spotlight - Doc Document number: # US50974923
IT Spending on Payments Is Growing Rapidly
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Abstract
This IDC Survey Spotlight looks at how quickly banks are ramping up investment in real-time payments. IDC's Worldwide Banking IT Spending Guide provides spending forecasts across a range of use cases at financial institutions. This excerpt focuses on the growth trends for payment processing compared with other priorities, showing that spending on real-time payments is growing rapidly.