Banking

NEW YORK; April 17, 2019 – Accenture (NYSE: ACN) has again been named a leader in business mortgage processing outsourcing (BPO) by industry analyst firm Everest Group.

TORONTO; April 17, 2019 – Open banking technology is poised to change the way the world completes transactions, but three quarters (75 per cent) of Canadians say they are wary of the concept, citing concerns about the privacy of their financial data, according to a new survey commissioned by Accenture (NYSE: ACN).

NEW YORK, April 11, 2019 – Maria T. Vullo, former Superintendent of the New York State Department of Financial Services (DFS), has joined the FinTech Innovation Lab New York as a Regulator-in-Residence.

NEW YORK; April 3, 2019 – Eleven emerging technology companies have been selected to participate in the 2019 FinTech Innovation Lab New York, a 12-week program founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage enterprise tech companies accelerate product and business development through in-depth engagement with top financial services and venture capital executives.

NEW YORK; April 1, 2019 – With most financial institutions’ compliance departments facing budget cuts, compliance professionals should accelerate their use of new technologies, including artificial intelligence (AI) and RegTech, to empower the next generation of compliance officers and reconfigure their operating models to keep pace with evolving business growth needs, according to a new report from Accenture (NYSE: ACN).

HONG KONG; March 31, 2019 – Applications are now being accepted for Accenture’s (NYSE: ACN) annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from top financial institutions.

LONDON, NEW YORK and HONG KONG; March 14, 2019 – Nearly six in ten consumers would be willing to share significant personal information, such as location data and lifestyle information, with their bank and insurer in exchange for lower pricing on products and services, according to a new report from Accenture (NYSE: ACN).

WILMINGTON, N.C., LONDON and SYDNEY; Feb. 26, 2019 – Accenture (NYSE: ACN) and nCino have expanded the geographic scope of their alliance to help financial institutions in Asia-Pacific and EMEA (Europe, Middle East and Africa) implement and adopt nCino’s cloud-based digital banking solution, enabling them to accelerate their digital transformations while streamlining their various business lines, minimizing risk and increasing profitability.

HONG KONG, NEW YORK and LONDON; Feb. 25, 2019 – Global investment in financial technology (fintech) ventures more than doubled in 2018, to US$55.3 billion, led by a surge in funding in China and strong gains in several other markets as investors placed larger bets in more mature startups, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. 

NEW YORK; Feb. 14, 2019 – Accenture (NYSE: ACN) has completed its acquisition of Orbium, a management consultancy and technology services provider to the financial services industry, further strengthening its ability to provide innovative services to clients in the private-banking and wealth-management space globally. Terms of the transaction were not disclosed.