Traditional large banks (such as Industrial and Commercial Bank of China, JPMorgan Chase & Co., Wells Fargo, Japan Post Holdings Co. Ltd., etc.) are diligently investing in high-tech. Under very similar precepts, community banks are focusing on mergers and also investing in high-tech to counter strong disruption currents. When speaking of high-tech, large and smaller regional community banks, alike are dedicating significant percentage of operating budget and forethought towards self-disruption. According to Statista, global IT spend in banks and Securities sector is anticipated to be 547.82 billion USD by 2021. In terms of percentage, in 2020, North American banks spend up to 40% of their IT budget in new technology and 30% in Europe.