Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon...
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December 28, 2020, 09:15 AM
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As much as 15% of banks’ global payments revenue, or US$280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, invisible and free, according to a new report from...
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September 16, 2019, 08:50 AM
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Global investment in financial technology (fintech) ventures fell sharply in the first half of 2019, as fundraising and deal activity in China that had soared a year earlier ground to a halt, partially offsetting strong gains in the U.S., U.K. and...
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August 19, 2019, 08:45 AM
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Most large banks said that providing Open Banking services for their commercial clients is a key strategic initiative in their digital transformation programs, and many expect Open Banking to help them achieve double-digit revenue growth, according...
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December 03, 2018, 08:02 AM
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As JPMorgan and Goldman Sachs each prepare to launch major new financial technology (Fintech) initiatives, research firm Accenture is warning that increased competition from digital only lenders could put intense pressure on incumbent banks, as they...
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October 22, 2018, 07:30 AM
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A new report from Accenture has found that many banks have not invested in the capabilities to verify the validity and accuracy of their data. According to the report, Banking Technology Vision 2018, banks have always held a large volume of...
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April 24, 2018, 08:00 AM
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AlixPartners, the global business advisory firm, announced the appointment of Rick Peters as Managing Director in the Turnaround and Restructuring practice.Peters will be based in the firm’s newly opened Houston office. He will further enhance the...
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October 11, 2016, 07:51 AM
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