17 October 2017

Latest articles for Accenture Financial Services


Accenture invites startups to apply for sixth London Fintech Innovation Lab

12 October 2017  |  3958 views  |  0 Company announcement

FinTech entrepreneurs are being invited to apply to Accenture’s (NYSE:ACN) sixth FinTech Innovation Lab London, a three-month program where early and growth stage companies receive mentoring and accelerate their business development working directly with top financial institutions, as fintech investments in the UK continue strongly.


Singapore consortium claims breakthrough in DLT payments project

06 October 2017  |  5990 views  |  0 News

A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.


PSD2: Brits don't trust retailers and social media platforms with bank details

02 October 2017  |  11704 views  |  12 News

As the revised Payments Service Directive (PSD2) nears, research from Accenture suggests that banks still have a strong trust advantage over third-party providers, with a clear majority of Brits unwilling to share their financial data with the likes of retailers and social media platforms.


Skills shortage impeding effectiveness of new tech in risk management

21 September 2017  |  3438 views  |  0 Company announcement

A new study by Accenture (NYSE: ACN) found that, while large financial institutions have made progress applying smart technologies like cloud, biometrics, and big data analytics to their risk management functions, two-thirds (66 percent) of executives say skills deficiencies are impeding the effectiveness of the function as these technologies evolve.


Accenture launches business analytics service for asset managers

11 September 2017  |  3168 views  |  0 Company announcement

Accenture (NYSE:ACN) has launched a new business analytics service for investment management institutions to help them benchmark, analyze and improve the performance of their business processes and technology.


UK insurtech investment hits record high despite Brexit jitters

01 September 2017  |  6864 views  |  0 Company announcement

Investment in UK insurtech has surged to record levels in a sign of confidence in the UK as a global hub for insurance technology, according to Accenture analysis of CB Insights data.


Accenture buys Canadian fintech consulting firm Verax

25 August 2017  |  6416 views  |  0 Company announcement

Accenture (NYSE: ACN) has acquired Verax Solutions, a Toronto-based technology and systems-integration consulting firm that serves the financial services sector in Canada. Financial terms were not disclosed.


AI could increase corporate profitability by 38% - Accenture

23 June 2017  |  4929 views  |  0 Company announcement

Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture (NYSE: ACN).


Did someone cancel the fintech revolution?

29 May 2017  |  29180 views  |  6 News

Did someone cancel the fintech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up.


Sumitomo Mitsui rolls out messaging app bot

18 May 2017  |  4833 views  |  0 News

The Sumitomo Mitsui Financial Group has developed an AI chatbot that will answer customer questions over Line, the popular Japanese messaging app.

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