Banking

NEW YORK; June 21, 2018 – Eleven emerging technology companies will debut their innovations at the FinTech Innovation Lab New York’s Demo Day today at the Bank of America Tower at Bryant Park.

TORONTO, May 11, 2018 – Payments Canada, the Bank of Canada, TMX Group and Accenture have demonstrated that the instantaneous clearing and settlement of securities on-ledger is feasible, showing for the first time that both central bank cash and assets can be tokenized to complete an instant, end-to-end equity settlement on distributed ledger technology (DLT).    

LONDON; May 8, 2018 – U.K. consumers’ trust in their banks is at the highest level since 2012, but the decision of some banks to increase digital-only interactions risks alienating customers of all ages, according to new research by Accenture (NYSE: ACN).
 

DUBAI, United Arab Emirates; May 5, 2018 – Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a memorandum of understanding (MoU) with professional services company Accenture (NYSE: ACN) to foster innovation in the financial services industry globally.

NEW YORK; May 2, 2018 – Although bank leaders recognize that intelligent technologies are reshaping the core banking process and can transform customer experiences, few plan to significantly increase investments in reskilling their workforces to enable these technologies in the near-term, according to a report by Accenture (NYSE: ACN).

NEW YORK; April 19, 2018 – A new report from Accenture (NYSE: ACN) has found that many banks have not invested in the capabilities to verify the validity and accuracy of their data.

HONG KONG; April 13, 2018 – Applications have opened 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 by gaining exposure to top financial institution executives. Applications can be made at http://www.fintechinnovationlab.com/asia-pacific/ through May 11.

NEW YORK; March 28, 2018 – Accenture (NYSE: ACN) has launched a cloud-based data analytics utility to help U.S. banks improve and manage their risk-management and other activities more efficiently and cost-effectively than they could do on their own.

NEW YORK; March 27, 2018 – Faced with growing threats of ‘industry shocks’ such as cyber fraud, cryptocurrency, quantum computing and open banking, financial institutions expect to increase their compliance investments over the next two years as they seek new approaches to strengthening compliance capabilities, according to a new report from Accenture (NYSE: ACN). 

NEW YORK; March 27, 2018 – Nearly four-fifths (79 percent) of operations leaders at North American banks believe that their bank’s existence will be threatened if they don’t update their technology to innovate faster and more efficiently, according to new research by Accenture (NYSE: ACN).