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Banks Push Tech Initiatives

Please note: This item is from our archives and was published in 2007. It is provided for historical reference. The content may be out of date and links may no longer function.

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According to Grant Thornton’s 14th Annual Survey of Bank Executives, more than seven in 10 bankers (73%) plan to increase technology spending in 2007. Respondents cited several technology issues as important to their banks’ success, including:

Protecting customers’ information (96%). Assuring the security of Internet services (94%). Verifying systems operations and controlling technology risks (89%). Complying with regulations (88%).

Source: www.grantthornton.com/banksurvey .