10 Emerging Tech Companies Showcase Inventive Products and Services Today at the 2020 FinTech Innovation Lab New York Virtual Demo Day

NEW YORK; June 25, 2020 – Ten emerging enterprise tech companies will present their technologies virtually to dozens of top executives within the financial services, venture capital and technology industries today at the 10th annual FinTech Innovation Lab New York Demo Day. Presentations will go-live beginning at 9:00 a.m. EDT and can be viewed here.
June 25, 2020

Despite External Industry Threats, Few Wealth Managers Plan to Change Their Business Models, Accenture-Orbium Report Finds

LONDON; June 18, 2020 – Despite growing external threats to wealth managers’ businesses, including losses from intergenerational wealth transfers, nearly four in five wealth managers (78%) in Europe and Asia don’t plan significant changes to their traditional business models, according to a new report from Accenture (NYSE: ACN) and Orbium, part of Accenture Wealth Management.
June 18, 2020

Accenture Acquires NIKE Group to Enhance its Regtech and Compliance Capabilities for Financial Services Firms

MILAN; April 30, 2020 – Accenture (NYSE: ACN) has acquired NIKE Group, an Italian consulting firm that provides regulatory technology (RegTech) services and solutions to financial services firms. Accenture announced its intent to acquire the business on April 14, 2020. Financial terms of the transaction were not disclosed.
April 30, 2020

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