*NEW RESEARCH* UK Banking SITS Suppliers Trends and Forecasts 2024

Whilst growth within the UK Banking Sector SITS market slowed during 2023, spend continued to rise, albeit at a much slower rate. The sector proved to be the most resilient area of UK Financial Services as expenditure increased by 9% on the prior year and the market grew to £7.8bn. With UK banks facing increased competition and heightened cost pressure, the recent economic downturn has served to reinforce the imperative to streamline operations and improve productivity.

FinancialServicesViews subscribers can learn more by downloading UK Banking SITS Supplier Trends and Forecasts 2024. This new report provides details of TechMarketView's latest analysis of SITS expenditure in the UK Banking sector and includes our market forecasts for 2024 through to 2027. The report also contains our updated UK Banking SITS Supplier Ranking, based on the latest available financial information which this year has a new vendor occupying the top spot.

If you do not currently have access to this report but would like to learn about this or any other of our resources, please contact Deb Seth for more information.

Posted by Jon C Davies at '07:00' - Tagged: payments   banking   financial+services