Accenture - News, Articles & Research

EBAday 2020: Lack of technical understanding a challenge for ISO 20022 adoption

Despite being waist-deep in its transition toward ISO 20022, the migration strategies held by financial institutions and schemes are still riddled with complexities.

25 November 2020

Company announcement/payments

Accenture forecasts 11.6 billion transactions in the UK to shift away from cash by 2023

Forecasts from Accenture show 11.6 billion transactions in the UK, worth up to £155 billion, are expected to shift from cash to cards and digital payments by 2023.

25 November 2020

Finextra TV/payments

Embracing the full-scale, operational & organisational impact of Open Banking

Amit Mallick, Managing Director - Global Open Banking and APIs Lead, Accenture speaks at EBAday 2020 about Open Banking and future bank platforms, the move from compliance to commercialisation of Open Banking, the impact of COVID-19 on Open Banking and its progress, and whether banks are truly embracing the full-scale, operational and organisational impact of Open Banking.

23 November 2020

Finextra TV/payments

Reacting decisively to the disruptive forces at work in Payments

Sulabh Agarwal, Managing Director, Global Payments Lead, Accenture, speaks during EBAday 2020 about Payments Disruption & Modernization. We hear about the disruptive forces at work across the payments landscape, how they are transforming the industry, what is at stake for payments providers that don’t react decisively, and Accenture's new research that shows how banks are not getting optimal returns from their investment in payments modernization and why.

23 November 2020

News/startups

Monument picks tech vendors to build bank for mass affluent

Monument, a new digital-first UK bank for the mass affluent, has brought in Mambu, Salesforce, Amazon Web Services, Persistent Systems and Accenture for its technology build.

18 November 2020

Company announcement/startups

FinTech Innovation Lab New York invites applications for 20121 class

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 financial technology companies accelerate product and business development through in-depth collaboration with top financial services and venture capital firms.

19 October 2020

News/payments

BofE picks Accenture for RTGS rebuild

Accenture has won a deal with the Bank of England to help build the UK's new real-time gross settlement (RTGS) service.

30 July 2020

Company announcement/cloud

Diebold Nixdorf extends Accenture relationship

Accenture (NYSE: ACN) and Diebold Nixdorf (NYSE:DBD), a global leader in services, software and hardware for the banking and retail industries, announced today the companies have agreed to extend their strategic relationship to accelerate Diebold Nixdorf's multiyear digital and cloud transformation program, which includes streamlining its finance, human resources, IT and sales systems.

19 June 2020

News/crypto

US must look to ‘future proof’ the dollar with a CBDC

Accenture and the Digital Dollar Foundation have published a whitepaper laying out proposals for the development of a central bank digital currency (CBDC) in the US.

04 June 2020

News/people

Digital Dollar Project names advisory group

The Digital Dollar Project has put together a 22-strong advisory group to help shepherd its work on the creation of a US central bank digital currency (CBDC).

26 March 2020

News

Customer growth and deposit balances wane for UK neobanks

Digital banking startups in the UK now cater to almost 20 million customers, but face a strenuous challenge to reach profitability in the face of slowing growth rates and a decline in deposit balances.

03 March 2020

News/retail

Global fintech fundraising holds up despite China dip

Global investment in fintechs dipped slightly in 2019 as strong growth in the US, India and Brazil was offset in China, where the mega-deals dried up, according to a report from Accenture and CB Insights.

21 February 2020