Digital Spending News Today

With declining digital productivity, anemic digital account opening, and floundering bill pay and mobile payments, banks are treading water on digital transformation.

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European spending on digital transformation (DX) is forecast to increase at 15.9 percent to exceed $550 billion in 2023

Customers turn cautious amid a banking crisis in US, Europe.The IT major reported a strong order book at $10 billion in the March quarter and $34.1 billion for FY23

Course5 Intelligence is in talks with Temasek to raise $75 million after deciding to shelve its IPO plans due to market conditions. The funds will be used for inorganic growth, including expanding to new markets and acquiring adjacent capabilities through acquisitions. The Mumbai-based data analytics firm was looking to raise up to ?600 crore ($80 million) through its IPO and an additional ?60 crore in pre-IPO placements.

The SBI Cards announced that Cleartrip vouchers will be redeemed in a single transaction and cannot be clubbed with any other offer or voucher with effect from January 6, 2023.

Mumbai: The pandemic has brought a change in the marketer’s playbook over the last two years, challenging the existing guidelines on brand building and customer relationships. The second day of the ‘Digital Brand Fest 2022’ organised by Indiantelevision.com saw an interesting discussion centered on this new-found marketing reality in a session on ‘Digital Marketing - The New

There has been a double-digit increase in IT and digital transformation spending because IT and digitisation is no more an option but a necessity now

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