Search Results for: Accenture
Russian Finance Firms Form Blockchain Consortium
July 4th, 2016
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and professional services firm Accenture. The launch came during the 25th International ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Five fintech start-ups aiming to replace traditional banking
June 9th, 2016
According to recent data from Accenture, funding for fintech companies reached a staggering £3.7bn in the first quarter of 2016 alone. With global investment growing at such a rapid rate, traditional banking services are finally beginning to realise the ...
What is fintech?
June 3rd, 2016
If nothing else it is on course to become a $20bn market this year. Fintech was once simply shorthand for financial technology (a portmanteau). But in 2008-09 in the post financial crisis world, Fintech began to take on a ...
The fintech sector in Asia Pacific is booming
May 5th, 2016
The fintech sector in Asia Pacific is booming, according to Accenture’s ‘Fintech and the evolving landscape’ report. The study found that fintech investment in the region more than quadrupled to US$4.3 billion in 2015, which accounts for 19 percent ...
PwC Report: Blockchain a ‘Once in a Generation’ Opportunity for Financial Services
March 30th, 2016
Blockchain marks the next “jump” in business process/optimization technology, according to a newly-released PriceWaterhouseCoopers (PwC) report on fintech. The report, “Blurred lines: How FinTech is shaping Financial Services,” compares blockchain to Enterprise Resource Planning (ERP) software that allowed entities and functions within a ...
The rich already use robo-advisers, and that scares banks
February 8th, 2016
Morgan Stanley, Wells Fargo, BofA planning automated services Banks are watching wealthy clients flirt with robo-advisers, and that’s one reason the lenders are racing to release their own versions of the automated investing technology this year, according to a ...
Visa Opens its Global Network with Launch of Visa Developer
February 5th, 2016
Visa Inc. (NYSE:V) announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company’s nearly 60 ...
Linux Foundation Unites Industry Leaders to Advance Blockchain Technology
December 18th, 2015
New open ledger project to transform the way business transactions are conducted around the world The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. ...
Fintech Innovation Lab 2016 invites Applicants
October 21st, 2015
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016 Program helps leading financial technology entrepreneurs accelerate product and business development Applications are now being accepted for New York’s sixth annual ...
