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Banking on digital solutions to build trust and innovation
With bank customer loyalty and trust at a low point, following the recent financial fallout and the economic downturn, banks are in need of a fresh start. Rising to the challenge of reconnecting with...
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Online banking use drops as mobile use doubles finds Accenture study
Consumer behaviour changes are challenging established bank offerings Banks in the UK and Ireland need to adjust to changing consumer behaviour as customers cut back on the amount of time they spend...
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Commodity trading analytics: exploiting a new set of options
Edwin Van der Ouderaa, managing director, analytics for financial services, Accenture EALA. Every trader tries to factor in the range of possibilities that can affect their market position, but...
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FinTech Innovation Lab London announces 2014 line-up
The FinTech Innovation Lab London has returned for its second year Seven startup financial services companies have been chosen by the FinTech Innovation Lab London, which returns to the city following...
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Accenture launches Indonesian innovation centre in Jakarta
Accenture’s Jakarta centre will showcase mobile and digital solutions Consulting firm Accenture has chosen Indonesia as the location for the latest in a series of financial services ‘innovation...
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Risk aggregation and reporting challenges intensify for banks
Steve Culp is managing director at Accenture Risk Management The past month has been a busy one for G-SIBs – global systemically important banks – as they confront the challenges of “what full...
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Banks must rethink digital banking says Accenture
Consumers are defying predictions about the death of the branch Surprising changes in customer behaviour suggests that banks need to revisit their approach to branch banking and digital services,...
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Banks scramble to keep up with digital race for pace
Despite rapid increases in innovation spending in financial services, many banks are still worried that it is taking too long to roll out new technologies – and that their own fragmented organisation...
View ArticleMoven, Accenture to jointly develop technology for banks
Accenture and Moven, the online-only bank founded by Brett King, have signed a deal to jointly develop new digital banking services — including services for the established banks. The two firms say...
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Blockchain: widely discussed but what are the implications?
Jeremy Light is a managing director for Accenture Payment Services The fintech revolution is now firmly established, and disruptive technologies are blooming all across the sector. From securities to...
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Could banks become our 24/7 personal assistants?
Joydeep Bhattacharya is managing director at Fjord, design and innovation from Accenture Interactive Digital technology is on the verge of transforming banking, in a similar way that Spotify has...
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Cyber-security and operational risk converge, says study
Mestchian: think carefully about outsourcing risk and compliance functions Operational risk and cyber-security concerns are converging as a topic for risk managers, who also face a changing agenda...
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Digital Asset teams with Accenture, Broadridge and PwC for blockchain growth
Blythe Masters, Digital Asset New York-based Digital Asset Holdings, a developer of distributed ledger technology (aka blockchain), has teamed up with Accenture, Broadridge and PwC. Digital Asset says...
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Eurobank in digital banking overhaul with Accenture
Eurobank embarks on digital transformation Eurobank Ergasias has signed a ten-year agreement with Accenture to pursue digital transformation of its subsidiaries in Romania, Bulgaria, Serbia and...
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Canada to Germany Ripple bank transfer breakthrough for banking industry
Bank transfer in seconds – from Canada to Germany via Ripple tech Canada’s ATB Financial sent €666.67 to ReiseBank in Germany using Ripple technology, with the transaction completing in eight seconds....
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Russia’s central bank launches blockchain research consortium
Moscow, home of Russia’s central bank The Bank of Russia, the country’s central bank, has set up a blockchain research consortium with several privately-owned Russian banks. The development follows...
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European banks & digital strategies: mind the gap
Digital Readiness Framework. Source: Accenture European financial services companies must close the gap between vision and execution in their digital strategies, and here are the findings to support...
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Accenture buys mobile payments start-up Mobgen
All sold Accenture has acquired 100% of the shares in Amsterdam-based start-up Mobgen. Mobgen says with Accenture it can expand its “end-to-end mobile approach”. The Dutch firm will be part of...
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Cutover start-up passes Nationwide digital banking test
I’m glad, I’m Nationwide Nationwide Building Society has “successfully” tested UK start-up Cutover’s release management software during digital banking maintenance releases this month. Cutover’s...
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Sibos 2016: blockchain passes stupidity test
Sibos 2016: all about blockchain “First they think it’s stupid, then they think it’s obvious. Blockchain has passed the first test.” These are the words of an economics professor (quoted, but not...
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