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Company Insights
Westpac Banking Corporation – Digital Transformation Strategies
Westpac Digital Transformation Strategies Report Overview Westpac uses cloud technologies as a part of its digital transformation strategies. The annual ICT spending of Westpac was estimated at $1.7 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Westpac Banking (Westpac) is a provider of personal, private, business, and corporate banking solutions. Its portfolio of products consists of accounts, cards, life and non-life insurance, personal and business loans, mortgages, overdraft...
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Analyst Opinions
Competitor Profile: Google Pay
Google Pay was launched in February 2018. The service was formed following the merger of Google’s existing Google Wallet and Android Pay payment brands. The solution is accepted at millions of retail outlets globally and supports all of the major payment networks, including American Express, Mastercard, Visa, Discover (US only), Visa Electron (excluding the US), PayPal, and JCB (Japan and US only). It is supported by a host of major banks and credit unions in the US. Users can store...