What does it really cost to launch a fintech startup today? The question matters, a lot. There is so much capital flowing into fintech now — around $14 billion over the last 12 months, a 46% increase year over year, at last count — that it behooves everyone to considerRead More
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North American banks will spend $118.6 billion on IT in 2013, according to a Jan. 31 report from UK-based Ovum Ltd. The top IT priorities for banks in 2013 are data privacy, followed by risk management and “know your customer” initiatives, according to the report. IT budgets are on the rise acrossRead More