Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards

PARIS, NEW YORK and HONG KONG; Oct. 16, 2019 – Eight banks from Asia, Europe and South America are winners of the seventh annual Efma-Accenture Customer Insight & Growth Banking Innovation Awards, which recognize innovative projects in retail banking distribution and marketing.
October 16, 2019

Singapore Fintech Fundraising Rises Sharply in 2019 to Date, Driven by Spike in Average Size of Payments and Insurtech Deals, Accenture Analysis Finds

SINGAPORE; Oct. 15, 2019 – Investment in financial technology (fintech) ventures in Singapore rose sharply in the first nine months of 2019, led by fundraising with payments startups and insurtech firms and a shift toward more-mature companies, according to an Accenture (NYSE: ACN) analysis of venture-finance data from CB Insights, Pitchbook and Tracxn.
October 14, 2019

Less than Half of Financial Services Firms Confident in Their Ability to Meet LIBOR Transition Deadline, Accenture Report Finds

NEW YORK; Sept. 16, 2019 – While most banks, insurers and capital markets firms have plans to transition away from the London Interbank Offered Rate (LIBOR) — which regulators are set to phase out at the end of 2021 — less than half (47%) are confident they have the necessary talent and capabilities to complete the transition by then, according to a new report from Accenture (NYSE: ACN).
September 16, 2019

Banks Risk Losing US$280 Billion in Payments Revenue by 2025, According to Accenture Report

NEW YORK, LONDON and HONG KONG; Sept. 16, 2019 – As much as 15% of banks’ global payments revenue, or US$280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, invisible and free, according to a new report from Accenture (NYSE: ACN).
September 16, 2019

U.K. Digital-Only Banks on Track to Triple Customers to 35 Million in the Next 12 Months, Finds New Research From Accenture

LONDON; Sept. 4, 2019 – Digital-only banks operating in the U.K. could amass a total of 35 million customers globally within the next 12 months — up from 13 million today — based on current growth rates, according to new research from Accenture (NYSE: ACN) which tracks the performance of UK digital banks. In the first six months of 2019 alone, five million people opened an account with a digital-only bank.
September 04, 2019

Accenture Acquires Parker Fitzgerald, Enhancing Its Risk Advisory and Assurance Capabilities for the Financial Services Industry

LONDON; Aug. 19, 2019 – Accenture (NYSE: ACN) has acquired Parker Fitzgerald, a strategic advisor and consulting partner to leading global financial institutions, further enhancing the business and technology capabilities within its Finance and Risk practice. Terms of the transaction were not disclosed.
August 19, 2019

Global Fintech Fundraising Fell in First Half of 2019, with Decline in China Offsetting Gains in the US and Europe, Accenture Analysis Finds

HONG KONG, NEW YORK and LONDON; Aug. 14, 2019 – Global investment in financial technology (fintech) ventures fell sharply in the first half of 2019, as fundraising and deal activity in China that had soared a year earlier ground to a halt, partially offsetting strong gains in the U.S., U.K. and several other European countries, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.
August 14, 2019

Accenture Named a Leader in Enterprise Platform IT Services for Banking and Financial Services Sectors by Everest Group

NEW YORK; Aug. 5, 2019 – Accenture (NYSE: ACN) has been named a Leader in enterprise platform IT services for banking and financial services, including capital markets, in a report by industry analyst firm Everest Group.
August 05, 2019

Accenture Named a Leader in Next-Generation IT Infrastructure Services for Banking, Financial Services and Insurance by Everest Group

NEW YORK; Aug. 5, 2019 – Accenture (NYSE: ACN) has been named a Leader in next-generation IT infrastructure services for banking and financial services (BFS), including capital markets, and insurance in two reports from industry analyst firm Everest Group.
August 05, 2019

Eight Startups Selected for Accenture’s 2019 FinTech Innovation Lab Asia-Pacific from Record Number of Applicants

HONG KONG; Aug. 5, 2019 – Eight leading financial technology (fintech) companies have been selected for the sixth annual FinTech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture (NYSE: ACN).
August 05, 2019