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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.