Accenture Collaborates with Oracle to Transform Nickel Bank's Finance Functions

PARIS; Sept. 29, 2020 – Accenture (NYSE: ACN), a Platinum level member of Oracle PartnerNetwork (OPN) completed an information technology (IT) modernization project for Nickel, a subsidiary of BNP Paribas and the first French neo-bank, that transformed Nickel’s finance functions with the implementation of Oracle software-as-a-service (SaaS) and Enterprise Resource Planning (ERP) solutions.

September 29, 2020

RBL Bank Selects Accenture to Accelerate Its Digital Journey

RBL Bank Selects Accenture to Accelerate Its Digital Journey
MUMBAI and BANGALORE; August 18, 2020 – RBL Bank today announced that Accenture (NYSE: ACN) will transform and enhance the future readiness of the bank’s information technology (IT) systems and accelerate its digital transformation journey. The engagement will enable RBL Bank to offer next-generation banking services, enhance the resilience and scalability of its systems and business processes, and improve its operational efficiency.
August 18, 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

10 Emerging Tech Companies Showcase Inventive Products and Services Today at the 2020 FinTech Innovation Lab New York Virtual Demo Day

NEW YORK; June 25, 2020 – Ten emerging enterprise tech companies will present their technologies virtually to dozens of top executives within the financial services, venture capital and technology industries today at the 10th annual FinTech Innovation Lab New York Demo Day. Presentations will go-live beginning at 9:00 a.m. EDT and can be viewed here.
June 25, 2020

Accenture Acquires NIKE Group to Enhance its Regtech and Compliance Capabilities for Financial Services Firms

MILAN; April 30, 2020 – Accenture (NYSE: ACN) has acquired NIKE Group, an Italian consulting firm that provides regulatory technology (RegTech) services and solutions to financial services firms. Accenture announced its intent to acquire the business on April 14, 2020. Financial terms of the transaction were not disclosed.
April 30, 2020

Bank Fees are Getting Squeezed in the Face of Regulation and New Competitors, Putting 5% of Revenues at Risk, Accenture Report Finds

NEW YORK, LONDON and HONG KONG; March 10, 2020 – Incumbent banks are at risk of losing billions of dollars in retail revenues in the next three to five years, as new competitors draw customers with no-fee banking services and regulators in select markets mandate simple banking fee structures to protect consumers, according to a new report from Accenture (NYSE: ACN).
March 11, 2020

U.K. Neobanks Near 20 Million Customers in 2019, but Customer and Deposit Growth Rates Slow, According to Research from Accenture

LONDON; Feb. 24, 2020 – Neobanks operating in the U.K. added more than 6 million new customers in the second half of 2019, ending the year with 19.6 million customers globally, according to Accenture’s Digital Banking Tracker (NYSE: ACN).
February 24, 2020

Fintech Fundraising Grew Strongly in Most Major Markets in 2019, Accenture Analysis Finds

HONG KONG, NEW YORK and LONDON; Feb. 20, 2020 – Investment in financial technology (fintech) ventures rose sharply in most major markets in 2019, led by gains in the U.S. and U.K. and emerging economies such as India and Brazil, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.
February 20, 2020

Financial Services Companies Could Generate $140 Billion in Productivity Gains and Savings by Modernizing Workforce Technologies, Accenture Study Finds

NEW YORK; Dec. 12, 2019 – Financial services companies in North America could unlock up to US$140 billion in productivity gains and cost savings by 2025 if they employ new technologies that help improve the efficiency and effectiveness of their workforces, according to a recent study by Accenture (NYSE: ACN).
December 12, 2019

Accenture Launches Cloud Native Solution to Help Clients Innovate New Products and Services Using the Public Cloud

TOKYO; Dec. 11, 2019 – Accenture (NYSE: ACN) has launched the Accenture Cloud Native Core Solution to help enterprises leverage the public cloud for maximum business agility and results.
December 11, 2019