One-Third of Financial Firms Lack Clear Plan to Address Privacy Risks, Accenture Report Finds

NEW YORK; March 16, 2020 – One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a new report by Accenture (NYSE: ACN).
March 16, 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

Accenture Completes Acquisition of Mudano, Enhancing Its Analytics and Data Transformation Services to Financial Services Firms in the UK

LONDON; Feb. 28, 2020 – Accenture (NYSE: ACN) has completed its acquisition of Mudano, a strategic data consultancy to U.K. financial services firms.
February 28, 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

Accenture Named a Leader for Application and Digital Services Across Banking, Capital Markets and Insurance by Analyst Firm Everest Group

NEW YORK; Feb. 18, 2020 – Accenture (NYSE: ACN) has been named a Leader for application and digital services across all key financial services sectors — including banking, capital markets and insurance — in four reports from industry analyst firm Everest Group.
February 18, 2020

Accenture to Acquire Mudano, Enhancing Its Analytics and Data Transformation Services to Financial Services Firms in the UK

LONDON; Feb. 3, 2020 – Accenture (NYSE: ACN) has agreed to acquire Mudano, a strategic data consultancy to U.K. financial services firms, further enhancing its analytics, data and artificial intelligence (AI) transformation capabilities. Terms of the transaction were not disclosed.
February 03, 2020

Accenture Receives Two XCelent Industry Awards for Life Insurance Policy Administration

NEW YORK; Jan. 28, 2020 – Accenture (NYSE: ACN) has received two XCelent awards for its life insurance and annuity platform in a recent report from research and advisory firm Celent. 
January 28, 2020

Accenture Announced as Executive Partner of the American Council of Life Insurers

NEW YORK; Jan. 16, 2020 – Accenture (NYSE: ACN) has been announced as Executive Partner of the American Council of Life Insurers (ACLI), providing ACLI members with insights and research through its Accenture Life Insurance Services practice to help carriers pursue digital transformation and innovation initiatives. ACLI advocates on behalf of 280 member companies that provide financial and retirement security services to a total of 90 million U.S. families.
January 16, 2020

Accenture Helps French Reinsurer SCOR to Transform Its Finance Function with ServiceNow

PARIS; Jan. 14, 2020 – Accenture (NYSE: ACN) and ServiceNow have helped SCOR, one of the world’s largest reinsurers, to transform its internal finance function by digitizing key business processes to improve workflow management and enable real-time reporting.
January 14, 2020