Jack Henry Survey Reveals Financial Institutions' Tech Investment Priorities Amid Economic Uncertainty
Jack Henry's annual survey of financial institutions indicates a focus on operational efficiency, deposit growth, and new payment capabilities amid economic uncertainty. The survey shows that 88% of institutions plan to increase technology spending, with AI, digital banking, and data analytics as top priorities. The findings highlight the growing competition from fintech and crypto in the evolving financial landscape.
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Topics: AI data analytics digital banking financial institutions Gen Z small business technology spending