Accenture Financial Services

News/people

Accenture to cut 19,000 employees as corporate spending wanes

Accenture has announced it will cut 19,000 jobs, 2.5% of its workforce, over the next 18 months. This follows a number of cutbacks in the finance and fintech sector amid a slowdown in IT spending.

24 March 2023

Research

Mainframe Modernisation, the Digital Endgame

13 March 2023 321 downloads

Finextra TV/cloud

Mainframe modernisation: Overcoming hurdles to achieve agility

For mainframe modernisation to be successful, financial institutions must remedy industry challenges that have permeated the space for several years. Steve Steuart - Global Head of Mainframe Migration and Modernization, Amazon Web Services (AWS) and Keval Mehta - FS Cloud Lead, Accenture, discuss how financial institutions can best develop their mainframe modernisation strategies and what the digital endgame looks like.

29 June 2022

News/retail

Brits still wary of trusting neobanks

Despite racking up millions of customers in recent years, digital challenger banks are still facing a lack of trust among Brits, most of whom do not even have faith that these new lenders will exist in a years' time, two new reports suggest.

10 December 2020

News/cloud

How to build the regulator’s confidence in the cloud

When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing, and if banks understand the process of managing these obstacles.

12 July 2019

News

Mobile banking uptake at a standstill as consumers rethink bank relationships

If the latest consumer research from Accenture is to be believed, UK bank customers are utterly confused about how best to access financial products, spurning the branch while remaining unmoved by digital interactions.

09 May 2018

News

BofA leads on blockchain patents

Bank of America has filed for or received more blockchain-related patents in the US than any other firm, beating out Mastercard and IBM for the top spot, according to research from law firm EnvisionIP.

17 January 2018

News

Retailers eye the potential of Open Banking

Large retailers are eyeing up the potential benefits of the forthcoming introduction of revised payment rules in Europe, with a sizeable proportion planning to tap directly into consumer account data to drive down transaction fees, tailor products, and create innovative loyalty programmes, according to research from Accenture.

18 December 2017

News

RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies.

30 November 2017