Retail and commercial banks and diversified financial enterprises
October 22, 2018

New Report from Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Proves that Distributed Ledger Technology Can Enable Equity Settlement

TORONTO; Oct. 22, 2018 – Payments Canada, the Bank of Canada, TMX Group, Accenture (NYSE: ACN) and R3 have published a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology (DLT).
October 18, 2018

Accenture, Partnership Fund for New York City and Leading Financial Institutions Call for Applicants for New York FinTech Innovation Lab 2019

NEW YORK; Oct. 18, 2018 – Applications are now being accepted for FinTech Innovation Lab New York, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage fintech companies accelerate product and business development through in-depth engagement with top financial services and venture capital executives. Applications for a spot in the 2019 class are available at  www.fintechinnovationlabnyc.com and are due by Saturday, December 1. An information session will be held for applicants on Monday, Nov. 5.
October 17, 2018

Efma and Accenture Announce Winners of Distribution & Marketing Innovation Awards 2018

PARIS; Oct. 17, 2018 – Eight banks from South America, Europe, Asia and the Middle East are winners of the sixth annual Efma-Accenture Distribution & Marketing Innovation Awards, which recognize innovative projects in retail banking distribution and marketing. The awards were presented today at an awards ceremony streamed live from the Altis Grand Hotel in Lisbon.
October 17, 2018

Accenture Acquires TargetST8 Consulting, Enhancing Its Consulting and Advisory Capabilities in Commercial and Corporate Lending

NEW YORK; Oct. 17, 2018 – Accenture (NYSE: ACN) has acquired TargetST8 Consulting, a privately held financial services consulting firm specializing in corporate and commercial lending, with offices in New York. Terms of the transaction were not disclosed.
October 17, 2018

Banks’ Revenue Growth at Risk Due to Unprecedented Competitive Pressure Resulting from Digital Disruption, Accenture Study Finds

NEW YORK, LONDON, HONG KONG; Oct. 17, 2018 – New entrants to the banking market — including challenger banks, non-bank payments institutions and big tech companies — are amassing up to one-third of new revenue, which is challenging the competitiveness of traditional banks, according to new research from Accenture (NYSE: ACN).
October 08, 2018

Accenture Named Overall Leader in Everest Group PEAK Matrix™ Report for Open Banking IT Services

NEW YORK; Oct. 8, 2018 – Accenture (NYSE: ACN) has been positioned as highest “Leader” in the new Everest Group PEAK Matrix™ on Open Banking services. The report, Open Banking IT Services: Orchestrating Experiences in the Platform Economy – Services PEAK Matrix™ Assessment 2018, placed Accenture above all other competitors, commending it for its depth and breadth of talent and technology partnerships across the Open Banking value chain.
September 17, 2018

Financial Services Firms Improve Their Cyber Resilience and Prevent More Than 80 Percent of Cyber Breaches, Accenture Study Finds

NEW YORK; Sept. 17, 2018 – Despite the volume of cyberattacks doubling in 2017, financial services firms are closing the gap on cyberattacks, having stopped four in five of all breach attempts last year, up from two-thirds in 2016, according to a new research study from Accenture (NYSE: ACN). However, the study also notes that firms will need to improve their security procedures to heed off increasingly sophisticated attacks powered by new technologies.
July 30, 2018

Eight Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific After Record Number of Applications

HONG KONG; July 31, 2018 – Eight leading financial technology (fintech) companies have been selected for the fifth annual Fin Tech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture (NYSE: ACN).
July 25, 2018

Tech Giants, Online Retailers Face Uphill Battle Pursuing Bank Market Share in Australia, But New ‘Open Banking’ Rules Could Tilt the Landscape, Accenture Research Finds

SYDNEY; July 25, 2018 – As Australia embarks on a series of moves to give its citizens more control over their financial information and personal data, an Accenture (NYSE: ACN) survey of more than 2,000 Australian consumers found that two-thirds (66 percent) of them are unwilling to share their financial data with non-banking organisations, underscoring the challenge that fintech companies and other digital giants face in taking market share from established financial firms.
July 16, 2018

Accenture to Implement New Core Banking IT System for Coventry Building Society

LONDON; July 16, 2018 – Accenture (NYSE: ACN) has been selected by Coventry Building Society, a top 10 UK savings and mortgage provider, as its delivery partner in a major transformation of Coventry’s core banking platform.