Bank of England Selects Accenture to Renew Its Real-Time Gross Settlement Service

LONDON; July 30, 2020 – Accenture (NYSE: ACN) has been selected to work with the Bank of England to renew the Real-Time Gross Settlement (RTGS) service to support resilience and innovation in payments and settlements in the U.K. 
July 30, 2020

Accenture Federal Services Wins $328 Million Contract to Help VA Modernize and Improve the Veteran Home Loan Experience

ARLINGTON, Va.; July 29, 2020 – Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has been awarded a contract to support operations, security, and modernization of the technology applications of the U.S. Department of Veterans Affairs (VA) Loan Guaranty Service (LGY) and to transform the VA home loan program for veterans by building more tailored solutions to enable better outcomes. The contract is valued at up to $328 million and runs for one base year, with three one-year options.
July 29, 2020

Accenture Announces U.S. Innovation Challenge Winner

ARLINGTON, Va.; July 29, 2020 – A team of undergraduate students from the University of Virginia has won this year’s U.S. Accenture Innovation Challenge and will provide consulting support to the Waterkeeper Alliance, the largest and fastest-growing nonprofit solely dedicated to clean water. The winning team was selected following multiple rounds of competition involving 1,193 students from 63 undergraduate campuses and diversity partner programs across the United States.
July 29, 2020

Accenture Interactive Named A Leader Among Adobe Implementation Service Providers by Independent Research Firm

NEW YORK; July 28, 2020 – Accenture Interactive has been named a Leader in Forrester’s inaugural report on Adobe implementation service providers. The report, “The Forrester Wave™: Adobe Implementation Services, Q2 2020,” states that “Accenture is a good fit for companies, especially in the Americas and Europe, that need large-scale [Adobe] implementations coupled with experience-led transformation.” The report also notes that clients like Accenture Interactive’s “strategy leadership and ability to help them get more out of the Adobe stack.”
July 28, 2020

U.S. Banks Face Up to US$320 Billion in Credit Write-offs in 2020 Due to COVID-19, Accenture Report Finds

NEW YORK, LONDON and HONG KONG; July 28, 2020 – As many countries across the globe shift from public-led stimulus to private-led debt to reduce the impact of COVID-19 on the financial system, the burden to keep the economy running will largely fall to private lenders. U.S. banks will set aside up to $320 billion to cover potential credit losses in 2020 due to the financial strain of the pandemic, according to a new report from Accenture (NYSE: ACN).
July 28, 2020

Accenture Awards Grant to Merivis, a Veterans Service Nonprofit, to Provide Salesforce Training to Military Veterans and Spouses

SAN ANTONIO, TX; July 28, 2020 – Accenture (NYSE: ACN) and Accenture Federal Services (AFS), an Accenture subsidiary, have awarded Merivis, an Austin, Texas-based veterans service nonprofit a $100,000 grant, including pro bono technology support, to provide Salesforce training programs for high-demand technology skills to help U.S. military veterans make the challenging transition to the civilian workforce.
July 28, 2020