HONG KONG; Aug. 24, 2016 – Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015, according to Accenture (NYSE:ACN) analysis of CB Insights data.
HONG KONG; Aug. 21, 2016 – Eight leading financial technology (fintech) companies today begin a 12-week mentorship program in the third annual FinTech Innovation Lab Asia-Pacific. The startups participating in this year’s Lab have developed a range of innovations – from wealth management solutions that are precisely oriented to customers’ investment intents, know your customer (KYC) services that leverage blockchain technology and a fraud prevention program using algorithms based in Chinese-characters to help financial institutions flag risk.
PARIS, NEW YORK AND HONG KONG; July 13, 2016 – Retail banks worldwide have until 7 September 2016 to enter their solutions for Efma and Accenture’s fourth annual Distribution & Marketing Innovations Awards, which will take place in Barcelona, Spain on 26 October.
NEW YORK; June 29, 2016 – Nearly one-half (46 percent) of bank customers are open to use robo-advice for banking services – computer-generated advice and services, independent of a human advisor – according to a new report on the banking industry by Accenture (NYSE: ACN). Consumers in the U.S. are more open to robo-advice (46 percent) than Canadian consumers (43 percent).
NEW YORK; June 23, 2016 – New York received more financial technology (“fintech”) venture financing than Silicon Valley for the first time during the first three months of this year, according to a new report by Accenture (NYSE: ACN) and the Partnership Fund for New York City.
NEW YORK; June 23, 2016 – A select group of leading-edge financial services technology (fintech) companies demonstrated their products and services to dozens of top bank, venture capital and technology executives today at the sixth annual New York FinTech Innovation Lab Demo Day.
TEL AVIV; June 20, 2016 – Accenture (NYSE: ACN) has joined a new hub of financial technology (fintech) start-ups based in Tel Aviv, Israel dubbed “The Floor.” As a supporter, Accenture will evaluate potential innovations for its clients and potentially its own strategic investments, while mentoring start-ups and strengthening its ties to the growing Israeli technology community.
NEW YORK and ATHENS; June 13, 2015 – Eurobank Ergasias S.A. will streamline its technology operations and pursue a digital transformation using a new infrastructure-as-a-service (IaaS) technology platform provided by Accenture (NYSE: ACN) under a ten-year agreement that involves the bank’s subsidiaries in Romania, Bulgaria, Serbia and Ukraine. Accenture will provide technology transformation and delivery services for an “intelligent infrastructure” based on an advanced IaaS platform that will support the bank’s core functions, including deposits and loans, online banking, transaction processing, and credit card and debit services.
NEW YORK; June 13, 2016 – Recognizing that technology innovation is changing the banking industry at breakneck speed, more than half (52 percent) of bank executives expect to be working with new digital partners within their industry in the next two years, according to a global survey of more than 300 banking executives by Accenture (NYSE: ACN). In addition to current technology challenges, more than four-fifths (85 percent) anticipate that the pace of technology change will increase rapidly or at an unprecedented rate over the next three years.
LONDON; May 9, 2016 – UK banks could create an £8.5 billion* revenue opportunity by broadening services for small and medium enterprises (SMEs), a sector which generates just under 50 percent of the UK’s private sector turnover, according to a new report from Accenture (NYSE: ACN).
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