Brazil bank technology spending will reach 50.4 billion reais in 2026, an 8% rise, as lenders pour money into generative AI, cloud and cybersecurity.
Key Facts
—The spend. Brazil bank technology budgets will reach R$50.4 billion ($9.8bn) in 2026, an 8 percent rise on the year.
—The trend. Tech budgets have grown 58 percent over five years, as banks reposition themselves as technology firms.
—The priorities. Cybersecurity ranks top at all banks surveyed, with cloud and generative AI joint second at 84 percent.
—The security bill. Cybersecurity alone takes roughly a tenth of tech budgets, or about R$5 billion ($970m).
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