Accenture Banking Blog

Accenture Banking Blog

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The Digital Euro: A strategic step toward Europe’s monetary sovereignty?

In today’s fast-evolving digital landscape, where payments are becoming faster, smarter, and increasingly fragmented, cash is quietly losing ground. Consumer cash usage in Europe now accounts for only 17%, down from 38% in 2022. What used to be the cornerstone of monetary…

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Commercial Banking Top Trends for 2025 and beyond

Commercial banking is at a strategic inflection point. As we look ahead to the next five years and beyond, the question is no longer how to keep pace with change—but how to lead it. Commercial banks have the potential to achieve accelerated…

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Guardians of Trust: Navigating Cybersecurity in Banking

Despite significant investments in cybersecurity, customers lack trust in the banking system’s ability to protect their data. "Trust is the bedrock of business. It transforms transactions into relationships and clients into loyal advocates.” According to Accenture’s recent Banking Consumer Study surveying 49,000…

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Unlocking the value of generative AI in commercial payments

The use of AI in the payments industry is not a new phenomenon. In fact, Accenture’s recent Payments Technology Reinvention Study shows that leading banks are already investing significantly in AI and generative AI and have managed to automate 40% of manual…

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Key strategies and approaches for mainframe and core banking modernization

The financial services sector, like many industries, is undergoing a transformation to drive new revenue streams and profitability. This shift is fueled by evolved and new business models based on advanced technologies and aimed at meeting client expectations. Similar to other industries,…

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Challenges shaping North American banks' payments tech investments

The payments industry is evolving rapidly, driven by changing consumer and commercial needs. Payments executives are grappling with rising costs, shrinking margins and emerging technologies like generative AI, prompting a reevaluation of their strategies. The key question is: What tech investments should…

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Open Banking and Dodd-Frank 1033: A springboard for competitive advantage

The financial services industry is undergoing a fundamental shift, driven by Open Banking’s rapid rise in North America. This trend is amplified by the just released Dodd-Frank 1033 rule, which requires that financial institutions (FIs) provide consumers with greater access to their…

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Unlocking Apple's NFC: Is it time for your banking app to become a full digital wallet?

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets. This change presents a significant opportunity for banks, fintech…

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Reinvent lending offerings and business models to stay ahead

In our discussions with banking executives, a common theme is how the lending market is changing and constantly giving rise to threats and opportunities, as covered in our Commercial Banking Top Trends for 2024. Confronting these changes is essential, but it also…

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Core banking transformation: strategies for modernization and value creation 

The advantages of cloud technologies are widely recognized, offering enhanced productivity, agility, resilience, and innovation. Despite these benefits, the Financial Services industry lags behind other sectors in adopting cloud technology. According to our Cloud Rotation Index study, only 15% of banks’ workloads…

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Meet our bloggers

Michael Abbott

Senior Managing Director – Global Banking Lead

Sulabh Agarwal

Managing Director – Global Payments

Jared Rorrer

Managing Director – Banking and Capital Markets Lead, Americas

Keri Smith

Managing Director – Global Banking Data & Al Lead

Chris Scislowicz

Managing Director – Global Lending Lead

Kimberly Kacal

Managing Director – Payments Lead, North America

Valerie Abend

Senior Managing Director, Global Financial Services Cybersecurity Lead

Amit Mallick

Managing Director – Global Open Banking & API Lead

Alvaro Ruiz

Managing Director - Global Core Banking lead

Cameron Krueger

Managing Director – Specialty Finance

Bruce Schilder

Senior Manager – Strategy & Consulting, Banking

Jeff Crawford

Managing Director – Payments Strategy

Humad Ahmed

Managing Director – Global Commercial Banking and Southeast Asia Banking Lead

Rishi Chawla

Managing Director – Commercial Banking Lead, North America

Dr. Nils Beier

Managing Director, ASG Banking & Capital Markets Lead

Andy Young

Managing Director – Financial Services Talent & Organisation Lead

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