Financial Firms Struggling to Assess Risks of Disruptive Technologies, Accenture Report Finds

NEW YORK; Dec. 3, 2019 – An overwhelming majority of financial firms’ risk managers don’t believe they can adequately assess the risks of disruptive technologies but are open to new strategies and tools to better manage emerging threats, according to a new report by Accenture (NYSE: ACN).
December 03, 2019

Accenture Introduces Offering to Help Financial Institutions Combat Financial Crime and Comply with Regulations

NEW YORK; Nov. 21, 2019 – Accenture (NYSE: ACN) has introduced a compliance-as-a-service offering to help financial institutions, fintech and technology companies cost-effectively combat financial crime and comply with related regulations.
November 21, 2019

Efma and Accenture Announce Winners of Innovation in Insurance Awards in North America

CHICAGO; Nov. 7, 2019 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) have announced the winners of the second Efma-Accenture Innovation in Insurance Awards in North America.
November 07, 2019

FinTech Innovation Lab New York Now Accepting Applicants for 2020 Class

NEW YORK; Oct. 21, 2019 – Applications are now being accepted for the 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 collaboration with top financial services and venture capital firms.
October 21, 2019

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

Accenture and Oracle Help Insurers Meet IFRS 17 and LDTI Accounting Standards

NEW YORK, Oct. 2, 2019 – Accenture (NYSE: ACN) and Oracle today unveiled an integrated technology and services offering that enables insurers to digitize their financial information and meet accounting reporting standards for the International Accounting Standard Board’s (IASB) IFRS 17 and US GAAP Long Duration Targeted Improvements (LDTI).
October 02, 2019

Disruptive Technologies Are the Key to Securing New Revenue Streams in Asset Management, According to Accenture

NEW YORK; Sept. 18, 2019 – Asset managers must readily embrace disruptive technologies to transform their operating models if they want to execute front-office strategies to pursue new revenue streams and meet evolving client expectations, according to a new report from Accenture (NYSE: ACN) based on a study performed jointly with the Investment Company Institute (ICI).
September 18, 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