Efma and Accenture Reveal Winners of Innovation in Insurance Awards 2019

AMSTERDAM; June 25, 2019 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) today announced the winners of the fourth Innovation in Insurance Awards at the annual awards ceremony, held in Amsterdam. Showcasing the best examples of insurance technology innovations in multiple categories, the awards competition this year attracted 395 submissions from 287 institutions in 54 countries.
June 25, 2019

Only Half of Banks Globally Are Making Significant Advancements in Digital Transformation, Resulting in Lower Market Valuations, Accenture Report Finds

NEW YORK, LONDON, HONG KONG; June 20, 2019 – The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to a new report from Accenture (NYSE: ACN).
June 20, 2019

Despite Eagerness to Engage in Ecosystems, Few Insurers are Well-Positioned to Succeed as Ecosystem Partners, Accenture Study Finds

NEW YORK; June 18, 2019 – Although insurers are eager to create or join business ecosystems to spur growth amid industry disruption, few insurers are currently well-positioned to succeed as ecosystem partners, according to a new report from Accenture (NYSE: ACN).
June 18, 2019

Applications Open for Efma and Accenture’s Customer Insight & Growth Banking Innovation Awards

PARIS, NEW YORK and HONG KONG; JUNE 10, 2019 – Efma and Accenture (NYSE: ACN) today launched the seventh Customer Insight & Growth Banking Innovation Awards, formerly known as Distribution & Marketing Innovation Awards.
June 10, 2019

As Open Banking Creates New Access to Banks’ Networks, Security Among Ecosystem Partners Will Become a Key Concern, According to Accenture Study

NEW YORK; May 7, 2019 – As more markets adopt open banking — which mandates banks to open their systems to third parties — it will be increasingly critical for banks to ensure the security of not only their networks, but those of their ecosystems partners as well, according to a report from Accenture (NYSE: ACN) that predicts key technology trends in banking over the next three years.
May 07, 2019

Accenture Again Recognized as a Leader in Mortgage Business Process Outsourcing by Everest Group

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.
April 17, 2019

Canadians Would Warm to Open Banking with Assurance of Increased Security and Greater Awareness of Benefits, Accenture Survey Suggest

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).
April 17, 2019

Accenture and Generali Employee Benefits Apply Blockchain Technology, Aiming to Transform the Reinsurance Process for Captive Services

MILAN; April 16, 2019 – Accenture (NYSE: ACN) and Generali Employee Benefits (GEB) have debuted a first-of-its-kind blockchain solution for the employee benefits (EB) industry that allows participants in the reinsurance process for captive or pooling services to access the same data and reduces processing errors through smart contracts and automated reconciliation.
April 16, 2019

Maria Vullo Joins FinTech Innovation Lab New York as Regulator-in-Residence

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.
April 11, 2019

Success for Insurers in the Emerging “Post-Digital” World Will Require Enhanced Customer Engagement Through Personalized, Real-Time Offerings, According to Accenture Report

NEW YORK; April 10, 2019 – The next big competitive advantage in insurance will be created by the ability to capitalize on “momentary markets,” or personalized policy and service offers tailored to customers’ unique life moments and delivered in real-time, according to a new report from Accenture (NYSE: ACN).
April 10, 2019