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Accenture to develop UAE national instant payment platform

News | Online & Mobile Banking | 02 Feb 2022

Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strategy. 

Accenture, central bank, instant payments

Sweden extends CBDC trials to February 2022

News | Cryptocurrencies | 22 Feb 2021

A trial of central bank digital currency in Sweden is to be extended for another year to 2021, in a bid to better understand the benefits and implications of a wider roll-out.

CBDC, central bank digital currency, Sweden, digital krona, Accenture, Riksbank, central bank

Accenture acquires Businet System to help clients deliver personalised ecommerce experiences

News | Ecommerce | 04 Feb 2021

Accenture has acquired Businet System, a company developing and operating Salesforce Commerce Cloud-based ecommerce sites in Japan.

Accenture, acquisition, Businet System, Salesforce Commerce Cloud, ecommerce, Japan, customer experience

Accenture's FinTech Innovation Lab London selects Nuggets for SSI adoption

News | Payments General | 14 Jan 2021

Accenture’s FinTech Innovation Lab London has selected Nuggets, the decentralised, self-sovereign ID, and payments platform to join the cohort of 20 fintechs in its latest accelerator programme.

fintechs, decentralised, self-sovereign ID, payments platform, Accenture, Nuggets, fraud prevention, customer protection, data privacy, blockchain

Banks need to focus on customer emotional connection, Accenture report shows

News | Online & Mobile Banking | 09 Dec 2020

Accenture has released the 2020 Global Banking Consumer Study, showcasing the need for banks to focus more on creating a strong emotional connection with customers, amid digital banking acceleration.

Accenture, banks, customer experience, emotional connection, digital adoption, digital banking, digital transaction, COVID-19, pandemic, Singapore

Anti-money laundering market to be valued at USD 1.99 bln by 2025

News | Digital Identity, Security & Online Fraud | 15 Oct 2020

Million Insights has revealed in a report that the global AML market size is projected to reach USD 1.99 billion by 2025, registering CAGR of 13.6% over the forecast period 2019 to 2025.

anti-money laundering, Million Insights, cyber-criminals, peer-to-peer, P2P, money transfer, online payment, customer due diligence, CDD, Know Your Customer, KYC, biometrics, behaviour analysis, customer identity management, NICE Actimize, Tata Consultancy Services Limited, Accenture, SAS Institute, ACI Worldwide

Fintech investment deals edge higher in the first half of 2020 compared to 2019, Accenture

News | Payments General | 27 Aug 2020

The total value of fintech deals globally has risen 3.8%, to USD 23.1 billion from USD 22.3 billion in the first half of 2019, even as the COVID-19 pandemic spread around the world.

fintech, insurtech, lending, investments, Europe, US, China, banking, VC, fundsing, statistics, Stripe, Revolut, Accenture

Bank of England selects Accenture for RTGS overhaul

News | Payments General | 03 Aug 2020

Bank of England has selected Accenture for the overhaul of its Real-Time Gross Settlement (RTGS) service.

Bank of England, Accenture, RTGS, data, payments

Banque de France announces candidates for experiments with Central Bank Digital Currency (CBDC)

News | Payments General | 21 Jul 2020

Banque de France has announced the overview of candidates selected for experiments with Central Bank Digital Currency (CBDC).

Accenture, Euroclear, HSBC, Iznes, LiquidShare, ProsperUS, SEBA Bank, Société Générale, banking, central bank digital currency, CBDC, Banque de France, payments

UK reports cash decline due to COVID-19

News | Online Payments | 25 Jun 2020

Accenture has reported that cash usage is declining in the UK compared with the rest of Europe during coronavirus, according to altfi.com.

cash decline, COVID-19, coronavirus, Accenture, UK, Europe, cash usage, payments , banks, merchants, digital payments, payment revenues, physical checkout, digital wallets, Apple Pay, Google Pay, Amazon Go

UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020

UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.

UK, UK Finance, Open Banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK

Banking fees getting squeezed and Hong Kong among the top markets impacted

News | Payments General | 11 Mar 2020

Accenture has released a global report detailing the impact of increased competition and regulation on banking fees, with Hong Kong as one of the markets that were studied.

Accenture, study, banking, fees, account opening, retail banking

Fintech deals are a growing business in India

News | Payments General | 06 Mar 2020

India has become the third most preferred global destination for fintech investments, according to a joint report by Accenture and CB Insights.

fintech, insurtech, investments, India, banking, Paytm, Razorpay, study, Accenture

Digital banks had a total of 19.6 mln customers at the end of 2019 – research

News | Online & Mobile Banking | 26 Feb 2020

Research from consultancy Accenture has revealed that digital banks had a total of 19.6 million customers at the end of 2019, according to AltFi.

Accenture, digital banks, research, banking, UK

Fintech fundraising grew strongly in major markets in 2019, Accenture

News | Payments General | 20 Feb 2020

Investment in fintech ventures has risen sharply in most major markets in 2019, led by gains in the US and UK and emerging economies such as India and Brazil, according to Accenture.

challenger banks, fintechs, banks, insurtech, investment, Nexi, Ant Financial, Figure Technologies, NAVER Financial, Chime, study, Accenture

Symantec's Cyber Security Services to be acquired by Accenture

News | Digital Identity, Security & Online Fraud | 08 Jan 2020

Business Wire has reported that Accenture agreed to acquire Symantec’s Cyber Security Services business from Broadcom.

Accenture, acquisition, Symantec, cybersecurity, Broadcom, security services, threats, intelligence, monitoring

Swedish central bank selects Accenture as partner for e-krona pilot

News | Payments General | 19 Dec 2019

Riksbank, the central bank of Sweden, has turned to Accenture to trial its digital currency e-krona.

Riksbank, Accenture, e-krona, payments , digital currency

Accenture invests in trade finance blockchain company TradeIX

News | E-invoicing, SCF & E-procurement | 17 Dec 2019

Accenture has announced a minority investment in TradeIX, the developer behind the Marco Polo blockchain trade finance platform.

Accenture, TradeIX, investment, trade finance, blockchain, Corda, R3, Marco Polo, Ireland, Europe, ING Ventures, consultancy, AIG, DHL Siemens.

Building a real-time gross settlement system, or how to innovate in faster payments

Interviews | Payments General | 04 Dec 2019

Falk Rieker, Global Head of IBU Banking at SAP sat down with The Paypers, to talk about the RTGS platform, which will run on the SAP Payment Engine application

Falk Rieker, SAP, R3, Corda, Accenture, real-time gross settlemen, RTGS platform, payment engine application, fintehc, settlement system, payments , \b2b payments, Corda platform, blockchain

Accenture helps financial institutions combat financial crime via new offering

News | Digital Identity, Security & Online Fraud | 25 Nov 2019

Accenture has unveiled a compliance-as-a-service offering to help financial institutions, fintech, and technology companies combat financial crime.

Accenture, financial institutions, financial crime, regulations, KYC, AML, fintech, CaaS, compliance, banks, analytics, data privacy