Accenture analysis of fintech investment data in first half of 2020
Aug27

Accenture analysis of fintech investment data in first half of 2020

Investment in financial technology (fintech) ventures edged higher in the first half of 2020, led by strong gains in China and Australia and an increase in the U.K. that helped more than offset a drop in fundraising in the U.S. and some European markets, according to Accenture analysis of data from CB Insights, a global venture-finance data and analytics firm. The total value of fintech deals globally rose 3.8%, to US$23.1 billion...

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Trulioo EmbedID Launches New Document Verification and Facial Recognition Features to Help Small-Medium Sized Businesses Protect Against Fraud and Financial Crime
Jul08

Trulioo EmbedID Launches New Document Verification and Facial Recognition Features to Help Small-Medium Sized Businesses Protect Against Fraud and Financial Crime

New facial recognition and document verification technology will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as multinational organisations. As part of a holistic approach to identity verification, this new technology will empower SMBs to ensure compliance, become more resilient against cyber attacks and maintain their operations during these challenging times....

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UK Finance proposes next steps for Open Banking
Jun18

UK Finance proposes next steps for Open Banking

A future model for how the UK’s world-leading Open Banking (OB) functions can continue and progress once the current implementation phase ends early next year is set out today in a new report, Open Banking – Future State, by UK Finance in association with Accenture. Open Banking is a secure way to share financial information across multiple providers and is used in products such as account aggregation, where customers who have...

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It’s not all about technology: the importance of updating management styles
May01

It’s not all about technology: the importance of updating management styles

‘Evolve or become irrelevant’  Throughout the banking and finance sector, ‘evolve or become irrelevant’ has been the mantra for some time now. Digital transformation has been at the forefront of most banks’ priorities within recent years, with a focus on updating legacy systems and transitioning to innovative and agile technology.  The need for banks to integrate cloud-based systems and utilise innovative technologies, such as Open...

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Accenture Invite Startups to FinTech Innovation Lab London 2018
Oct13

Accenture Invite Startups to FinTech Innovation Lab London 2018

 Fintech accelerator programme launches stream to support RegTech startups in era of data protection FinTech entrepreneurs are being invited to apply to Accenture’s sixth FinTech Innovation Lab London, a three-monthprogram where early and growth stage companies receive mentoring and accelerate their business development working directly with top financial institutions, as fintech investments in the UK continue strongly. This year’s...

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UK Insurtech Investment Hits Record High Despite Brexit Jitters
Sep04

UK Insurtech Investment Hits Record High Despite Brexit Jitters

Investment in UK insurtech has surged to record levels in a sign of confidence in the UK as a global hub for insurance technology, according to Accenture analysis of CB Insights data.   New figures show investment in UK insurance technology (insurtech) increased to £218m ($279m) in the first half of 2017, compared to £7.3m ($9.4 million) the year before. One big deal had a dramatic impact in the UK (Gryphon Insurance raising £180...

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AI and IoT Attract Almost Half of InsurTech Funding Globally in 2016
Mar30

AI and IoT Attract Almost Half of InsurTech Funding Globally in 2016

Number of deals and investment funding in AI and IoT show strong year-on-year growth Insurtech investment in U.K. jumps more than 50% in 2016, to nearly US$19 million Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture shows. The research, which includes new analysis of CB Insights data on 450...

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Accenture Launches the Intelligent Patient Service Exchange
Feb21

Accenture Launches the Intelligent Patient Service Exchange

Accenture has launched the Intelligent Patient Service Exchange, a digital marketplace of third-party technology solutions available to life sciences companies to enhance patient support and improve the overall patient treatment experience. The Intelligent Patient Service Exchange removes the time and cost needed to develop custom, digital patient-centric solutions by offering pre-built, plug-and-play technology connections that...

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Accenture Debuts Hardware-Based Security Solution
Feb08

Accenture Debuts Hardware-Based Security Solution

Integration of blockchain technology with Thales Hardware Security Module addresses key distributed ledger risks for financial services, government, healthcare and other sectors Accenture  has unveiled a patent-pending solution that simplifies the ability of blockchain technology to integrate with the industrial-grade security systems that support sectors including financial services, healthcare and government. The solution creates a...

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Fintech Innovation Lab London Kicks Off Largest Programme in Its Five-Year History
Jan16

Fintech Innovation Lab London Kicks Off Largest Programme in Its Five-Year History

The 20 innovative startups chosen from among more than 300 fintech entrepreneurs around the globe who applied for Accenture’s FinTech Innovation Lab London represent the largest class in the London Lab’s five-year history. This year’s programme also received the greatest number of applicants, with increased interest from startups in the Middle East, Turkey, Russia, the Nordics and North America. As part of the 12-week programme, the...

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Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems
Sep20

Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems

Accenture has created a prototype of a new capability that enables blockchain technology to be edited under extraordinary circumstances to resolve human errors, accommodate legal and regulatory requirements, and address mischief and other issues, while preserving key cryptographic features. The prototype represents a significant breakthrough for enterprise uses of blockchain technology particularly in banking, insurance and capital...

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Accenture Amelia Practice Launched to Quicken Adoption of AI
May16

Accenture Amelia Practice Launched to Quicken Adoption of AI

Initial practice focus is to deploy virtual agent technology for clients in banking, insurance and travel industries Accenture and IPsoft launch Accenture Amelia Practice to help organizations accelerate adoption of artificial intelligence  Accenture and IPsoft today announced the creation of an Accenture Amelia practice, designed to accelerate client adoption of artificial intelligence to improve business outcomes and create new...

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