Accenture | Global news | Financial Services

An overview of Accenture global news in the Financial Services industry:

Asia

Asia | Regional

Banks should ramp up technology expertise in their boardroom The banking sector has in recent years been forced to significantly boost investments in technology, and in its slipstream improve technology expertise in the boardroom.
07 September 2021
Australia

Oceania | Australia

NAB working with Accenture on massive compliance fix Consulting giant Accenture is reportedly working with the NAB on a “mammoth” project to fix the long-standing compliance issues which have recently led to increased regulatory scrutiny.
15 June 2021
United Kingdom

Europe | United Kingdom

Nine-in-ten bank boards lack professional technology experience Around 90% of board directors at leading banks have confessed to lacking professional technology experience.
06 April 2021
United Kingdom

Europe | United Kingdom

11 billion transactions shift to digital payments by 2023 The dramatic shift of consumers away from the use of cash has accelerated once again amid the Covid-19 pandemic.
03 December 2020
Asia

Asia | Regional

Ten startups that can disrupt the financial services industry Accenture has announced the ten FinTechs which have been selected for the firm’s Asia-Pacific FinTech Innovation Lab.
08 October 2020
United States

North America | United States

US banks need to prepare for massive credit write-offs, says Accenture US banks will face up to $320 million in credit write-offs this year due to the pandemic, according to a recent report from consulting firm Accenture.
11 August 2020
Asia

Asia | Regional

Synpulse and Orbium are Asia's top wealth consultancy firms Consulting firms Orbium and Synpulse have been named Asia’s top consultants to the wealth management industry.
08 June 2020
United Kingdom

Europe | United Kingdom

AI can boost financial services revenue by $140 billion Artificial intelligence brings lots of promises to the financial services industry, including a way to address the scarcity of workers who possess data analytics, cybersecurity, and AI skills.
10 January 2020
United States

North America | United States

Accenture launches compliance-as-a-service offering Management and technology consultancy Accenture has expanded its managed services capabilities with a compliance-as-a-service offering aimed at the financial services industry.
02 December 2019
United Kingdom

Europe | United Kingdom

10 ways challenger banks can differentiate themselves Based on a benchmark of the digital maturity of 160 retail and commercial banks from 20 countries, Accenture have identified what factors differentiate digital leaders from the rest.
19 November 2019
United Kingdom

Europe | United Kingdom

Accenture buys financial services consultancy Parker Fitzgerald Global consultancy Accenture has reached an agreement to purchase specialist firm Parker Fitzgerald for an undisclosed sum.
21 August 2019
Hong Kong

Asia | Hong Kong

Accenture selects Asia Pacific FinTech Innovation Lab start-ups for 2019 Global professional services giant Accenture has selected its latest batch of start-ups for the sixth Asia-Pacific edition of its FinTech Innovation Lab.
14 August 2019
Asia

Asia | Regional

Accenture Fintech Innovation Lab applications open for Asia Pacific With over half a billion dollars raised by its alumni to date, Accenture’s FinTech Innovation Lab is back for another round in the Asia-Pacific.
08 April 2019
United Arab Emirates

Middle East | United Arab Emirates

ACCA hosts conference on technology in the Middle East finance sector
29 March 2019
Asia

Asia | Regional

Accenture and nCino expand digital banking alliance to Asia Pacific Accenture and the cloud-based digital banking provider nCino are expanding their alliance to the Asia Pacific and EMEA.
05 March 2019
Singapore

Asia | Singapore

Leading global consultants grace the stage for Singapore Fintech Festival
14 November 2018
United Kingdom

Europe | United Kingdom

FinTech and challenger banks rapidly changing financial landscape Newcomers in the UK financial services sector are eating into the market share of traditional banks at an unprecedented rate, according to a new study.
07 November 2018
United Arab Emirates

Middle East | United Arab Emirates

Fidor and ADIB win Efma-Accenture award for innovative banking platform The German online bank Fidor has been awarded gold at the Efma Accenture Awards for its work with the Abu Dhabi Islamic Bank to establish a Shariah compliant community banking platform for the region
01 November 2018
United States

North America | United States

Accenture buys corporate and commercial lending specialist TargetST8 Global technology and management consulting firm Accenture has acquired New York-based corporate and commercial lending consultancy TargetST8.
23 October 2018
United Kingdom

Europe | United Kingdom

Financial institutions failing to detect cyber breaches for over a week The world of business has been working diligently to respond to a glut of cyber threats that have hit home in recent years.
27 September 2018
United Kingdom

Europe | United Kingdom

Blockchain could boost Aerospace and Defence digital thread performance A global survey of senior executives in North America, Europe and Asia Pacific has found that Blockchain technology is increasingly being used to extend the digital capacity of organisations across a
23 July 2018
United Kingdom

Europe | United Kingdom

Accenture, Cognizant, Deloitte and Synechron support top blockchain consortium Leading consultancies have thrown their support behind the world’s largest open source Blockchain consortium.
25 April 2018
United Kingdom

Europe | United Kingdom

Venture capital investment in FinTech reaches record $27.4 billion high Global investment in FinTechs by venture capital grew to a record $27.4 billion in 2017, spurred on by high deal value in the US, UK and India.
17 April 2018
United Kingdom

Europe | United Kingdom

Sofgen CEO Andre Israel joins Accenture's banking consulting arm Professional services firm Accenture have confirmed the appointment of Sofgen CEO Andre Israel.
06 November 2017
United Kingdom

Europe | United Kingdom

The benefits and use cases for blockchain technology in banking Blockchain, while still relatively new to the financial space, is seeing interest from around 90% of banking sector executives, according to a new study on the potential of the technology in the indu
15 November 2016
United Kingdom

Europe | United Kingdom

Accenture bolsters digital banking arm with Allen International deal Accenture has pushed deeper into the Financial Services consulting space with the acquisition of Allen International, a London-based design consultancy that works for dozens of banking clients global
19 October 2016
United Kingdom

Europe | United Kingdom

FinTech booming in Asia-Pacific, market nears $10 billion mark The Asia-Pacific region has seen a boom in FinTech investments over the past six years, jumping from a mere 10 deals valued at $100 million in 2010 to 192 deals with a total value of more than $9.6 billion.
15 September 2016
United Kingdom

Europe | United Kingdom

Millennial and mass-affluence groups most likely to shift from bank American banking customers are seeking value from their banks, or else they will shift to another provider – a recent survey finds.
11 July 2016
United Kingdom

Europe | United Kingdom

Accenture expands financial services blockchain footprint Blockchain technology is estimated to have the potential to save the financial services industry up to $20 billion by 2021.
23 February 2016
United Kingdom

Europe | United Kingdom

15 start-ups selected for FinTech Innovation Lab London Accenture has selected 15 innovators for its 2016 FinTech Innovation Lab London, which aims at nurturing fintech start-ups that are developing new technologies for the financial services sector.
22 January 2016
United Kingdom

Europe | United Kingdom

Boardrooms largest banks lack technology experience Less than 6% of boardroom members of the world’s largest banks have professional technology experience, research from Accenture shows. Of the more than 100 banks surveyed across the globe, 43% of boards had no member with professional technol
03 December 2015
United Kingdom

Europe | United Kingdom

Banks should fix back office complexity to secure profit Banks should focus on back office technologies in order for them to stay nimble and safe, meet regulatory requirement, and compete with start-ups, research by Accenture shows. According to the consulting firm, while on demand digital solutions for
21 September 2015

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