Tagged: accenture

The Bank of England will Work with Accenture on Real Time Gross Settlement Service

The Bank of England has announced that Accenture has been appointed as the “Technology Delivery Partner for the Real Time Gross Settlement (RTGS) service Renewal Programme.” RTGS is where financial institutions hold their sterling bank accounts. The Bank of England will work with Accenture to… Read More

Banque de France Announces CBDC Candidate Selections

The Banque of France has announced its selection of firms that will take the next step regarding a Central Bank Digital Currency or CBDC. According to a release, following the examination of the applications received on 15 May in response to the Banque de France’s… Read More

Financial Giant BBVA Shares Results of Quantum Computing Tech Proof of Concepts for Improving Currency Aribtrage, Porfolio Management

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, has introduced the results of six proof of concept (PoC) trials that leverage quantum computing for several different potential business use… Read More

Digital Dollar Team: COVID-19 Socio-economic Crisis Is a “Call to Action” for Fintech to Address “Persistent Deficiencies” in Money Distribution

The developers of the Digital Dollar project have published a detailed whitepaper that outlines the steps required for the US to issue its own virtual currency. As confirmed in the paper, the Digital Dollar Project is being developed with the assistance of the Digital Dollar… Read More

Accenture and Fujitsu Announce Launch of HyperLedger Cactus, an Open-Source Blockchain Integration Framework

  Michael Klein, the Blockchain and Multiparty Systems Architecture Lead at Accenture and Hart Montgomery from Fujitsu Laboratories announced on May 13, 2020, the launch of an open-source blockchain integration framework. The distributed ledger technology (DLT) framework has been developed with the help of Fortune 500… Read More

Accenture Announces Acquisition of B2B Marketing Service Agency Yesler

Accenture (NYSE) announced on Thursday it has acquired Yesler, a B2B marketing service agency. This latest acquisition comes less than a month after Accenture acquired ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers, and Mudano, which is a… Read More

Accenture Announces Acquisition of German Embedded Software Company For Car Brands & Suppliers ESR Labs

Accenture (NYSE: ACN) recently announced the acquisition of ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers. This news comes just days after Accenture acquired Mudano, which is a strategic data consultancy to UK financial services firms, further enhancing its… Read More

Banking Challengers Attracted Record Levels of Investments Last Year: Report

Digital Banking Banking challengers have been introducing innovative financial products in order to compete with traditional banks. Challenger or neobanks attracted $5.2 billion in funding last year, which is more than triple of what they received back in 2018 ($1.6 billion). Italy-based Nexi, a digital… Read More

Accenture Announces Acquisition of UK Data Consultancy Company Mudano

Accenture announced on Monday it has acquired Mudano, which is a strategic data consultancy to UK financial services firms, further enhancing its analytics, data and artificial intelligence (AI) transformation capabilities. Founded in 2014, Mudano notably advanced analytics, applied data science and modern data technologies to… Read More

Accenture’s UK-based Fintech Innovation Lab to Encourage Female Entrepreneurs to Establish Financial Technology Firms

It’s been eight years since Accenture’s London-based Fintech Innovation Lab was launched. The innovation lab is now welcoming a new group of 20 Fintech companies, with reportedly a 50% increase in the number of women founders when compared to last year. The Lab has been… Read More

Accenture Announces Completion of Consulting Firm Silveo Acquisition

Accenture (NYSE: ACN) announced on Friday it has completed its acquisition of consulting firm, Silveo. According to Accenture, Silveo is a French consulting company providing services and solutions for digital manufacturing and intelligent supply chains. Accenture also noted that Silveo brings a team of 50… Read More

Accenture Announces Acquisition of U.S. Data Consultancy Clarity Insights

Accenture (NYSE: ACN) announced on Friday it has agreed to acquire Clarity Insights, a U.S.-based data consultancy with deep data science, artificial intelligence (AI) and machine learning (ML) expertise. Accenture claims that Clarity Insights is a leading provider of data science and AI/ML engineering capabilities for large… Read More

Fintech Investments in Singapore Surged 69% from Previous Year to $735 Million

Investment in Fintech-related projects in Singapore increased significantly during the first nine months of this year. It was mainly led by fundraising rounds for payment companies and insurtech startups with a shift toward mature firms. As of October 2019, the combined value of Fintech deals… Read More

Accenture Announces Acquisition of French Data Marketing Firm Sutter Mills

Accenture (NYSE: ACN) announced on Friday it is set to acquire Sutter Mills, a French firm that specializes in developing and executing data-driven marketing strategies for clients. According to Accenture, the acquisition would strengthen Accenture Interactive’s ability to help brands, in France and throughout Europe, to… Read More

Accenture Announces Acquisition of Product & Engineering Company Nytec

Accenture (NYSE: ACN) announced last week it is set to acquire product development and engineering company, Nytec. Accenture reported that Nytec will become part of Accenture Industry X.0, which notably offers capabilities that drive the digital reinvention of industry. This also includes creating new types of… Read More

DTCC and Accenture Forward Proposed DLT Governance Model

Accenture and the Depository Trust & Clearing Corporation (DTCC) are circulating a white paper which, “explores the generalized governance model that DTCC is implementing for its TIW-DDL system, a real-world implementation of DLT…(for the) financial industry.” DLT (distributed ledger technology) is an enterprise-adapted version of “blockchain”… Read More

Accenture Acquires Engineering Services Provider Fairway Technologies

Accenture (NYSE: ACN) announced on Tuesday it has acquired Fairway Technologies, a U.S.-based engineering services provider. Accenture reported the acquisition will further power the Accenture Product and Platform Engineering Services practice, which helps clients manage and innovate software-based platforms. This news comes just one week… Read More

Accenture Announces Acquisition of Global Financial Institutions Advisor & Consulting Partners Parker Fitzgerald

Accenture (NYSE: ACN) announced on Tuesday it has acquired global financial institutions advisor and consulting partner, Parker Fitzgerald. According to Accenture, Parker Fitzgerald advises financial services companies on financial and non-financial risk, regulation and financial technology. The company also provides strategic advice, independent assurance, and… Read More

Accenture Set to Acquire Australian Analytics & Data Specialist Analytics8

Accenture (NYSE: ACN) announced on Thursday it has entered into an agreement to acquire Analytics8, a privately held Australian big data and analytics consultancy that specializes in data management, reporting, and visualization, data science and analytics services. According to Accenture, Analytics8 provides data and analytics… Read More

Accenture Fintech Report: Huge Jump in Funding in UK & US While China Declines Following Big 2018

Global Fintech funding declined during the first half of 2019, driven by a drop in China. But while China dipped, Fintech investment jumped in other countries led by the US and the UK, according to a report from Accenture (NYSE: ACN). Yesterday, Crowdfund Insider reported… Read More

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