Brazilian banks to invest R$50.4B in tech by 2026, led by AI, cloud, cybersecurity

Brazil's banking sector, the country's largest private tech investor, plans to increase technology spending 8% to R$50.4 billion by 2026, prioritizing AI, GenAI, cloud, and cybersecurity. The Febraban/Deloitte survey confirms a continued trend of digital transformation, with no major deviation from prior years. This signals sustained demand for tech services in Brazil's financial sector, though it is a forecast, not a hard commitment.