Tagged: accenture

August 12, 2016 @ 1:06 pm By JD Alois  |  

  In 2015 Banks participated in under 10% of reported Fintech venture deals. The total investment was around $5 billion for the banking industry. But they spent $50 billion updating legacy tech and fixing already installed applications as they struggled to keep up with the… Read More

January 6, 2016 @ 8:17 am By JD Alois  |  

Accenture has announced the 2016 class of its Fintech Innovation Lab London.  The program, now in its fourth year, is in concert with 16 other financial institutions.  The 12-week program is designed to accelerate product development while providing traditional financial firms exposure to disruptive fintech…. Read More

November 5, 2015 @ 11:29 am By Erin Hobey  |  

“Major non-traditional financial services companies have been investing in fintech payments in China for the past year.” According to Accenture, fintech investments across Asia-Pacific experienced a boom in 2015 – from about $880 million in 2014 to nearly $3.5 billion in just the first nine months… Read More

October 29, 2015 @ 9:52 am By JD Alois  |  

Efma / Accenture have announced their 3rd annual Global Distribution & Marketing Innovation Awards for financial services.  The recognition is given to firms delivering the “most innovative projects and initiatives”.  According to the Efma, over 200 firms from 59 countries submitted 500 case studies. This year’s… Read More

October 21, 2015 @ 8:59 am By Erin Hobey  |  

New York’s sixth annual FinTech Innovation Lab, a 12-week program co-founded by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintech companies accelerate product and business development by gaining exposure to bank and venture capital executives is accepting applications until… Read More

October 12, 2015 @ 1:09 pm By JD Alois  |  

Global consulting firm Accenture has published research reflecting on how difficult it is for big corporations to incorporate an innovation culture: One that not only embraces change, but empowers it to thrive. Accenture  did a survey of 1000 large companies, along with a poll of… Read More

September 20, 2015 @ 9:38 pm By JD Alois  |  

The financial sector in China is changing perhaps more radically, and more quickly, than in any other sovereign nation in the world.  The industry is being compelled to adjust to the realities of slowing economy and a banking sector that was not created to provide… Read More

July 30, 2015 @ 12:24 pm By Erin Hobey  |  

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

July 16, 2015 @ 8:22 am By Erin Hobey  |  

Cyber-security solutions, blockchain technology and behavioral analytics applications are some of the innovative services being developed by the seven financial technology entrepreneurs selected this year to participate in the 2015 FinTech Innovation Lab Asia-Pacific. Launched by Accenture (NYSE:ACN) in Hong Kong in June 2014, the FinTech… Read More

June 26, 2015 @ 5:29 pm By Samantha Hurst  |  

Investments in financial technology (fintech) continued at a remarkable pace last year, nearly tripling in the United States in 2014, according to a new report by Accenture (NYSE:ACN) and the Partnership Fund for New York City. The value of fintech investments in the United States… Read More

June 16, 2015 @ 7:56 am By Erin Hobey  |  

In the news again, Startupbootcamp, a European accelerator, today announced the launch of the Startupbootcamp Insurance accelerator program. Based in London, the program invites global startups from across different areas within insurance, including retail insurance, corporate risk management, re-insurance, back-office efficiency and new risk models, to… Read More

April 21, 2015 @ 9:20 am By Erin Hobey  |  

John Tsang, the Financial Secretary of Hong Kong, stated China would be “an ideal place” to develop into a financial technology hub; venture capitalists are increasingly seeing the potential for fintech investment opportunities in Hong Kong, according to a release. Herman Lam, CEO for the creative digital community… Read More

December 29, 2014 @ 4:50 am By JD Alois  |  

Global consulting group Accenture recently surveyed 4000 North Americans to gain some perspective on the changing nature of payments and cash.  The internet and digital realm is disrupting just about everything these days and fiat currency has not been immune to the power of technology…. Read More