Wholesale Payments (Internal and External) Processing Spend (Databook)

Introduction

Datamonitor sees significant contrasts between the four activity areas in terms of banks' focus on internal and external IT spend especially when analyzing and comparing North American and European IT spend.

Scope

• Forecasts wholesale payments processing spend by internal and external investment
• Internal and external spend forecasts are further broken down by region, namely Europe and North America.

Highlights

The overall shift towards external spend in wholesale payments processing will be driven largely by the payments engines area in Europe, whereas the other three areas show more of a balanced distribution of growth between external and internal investments

However, there are significant differences in all four activity areas when looking at the North American internal and external IT spend. Datamonitor expects all activity areas in North America to grow, naturally at varying rates, apart from internal investment on payments engines which is expected to show negative growth over the coming years.

Reasons to Purchase

• Gain visibility on the wholesale payments processing trends and dynamics in the European and North American banking markets
• Gain market insight to assist in your strategic planning and go-to-market strategy.