A report by consulting firm Ovum has found that globally , 61 % of companies expect to increase their payment technology expenditure in 2016 , up from the 52 % that increased their spending in 2015 . The boost in investment is thought to be driven by a need to improve payment measures , but is also aimed at exploring the benefits of blockchain technology and mobile payment technology .
A report by technology firm Ovum has found that globally, 61% of banks expect to increase their payment technology expenditure in 2016, up from the 52% that increased their spending in 2015. The boost in investment is thought to be driven by a need to improve cybersecurity measures, but is also aimed at exploring the potential of blockchain technology and mobile payments technology.