The ultimate guide to banking in the cloud
The disruptions of the past two and a half years have dispelled the notion that cloud migration is a distant proposition. Instead, the cloud is the 21st century foundation for 21st century banking. Ba...
As I read my colleague Robert Vokes’ perspective on the importance of banking’s human connections in a digital age, I ...
The Efma*-Accenture Banking Innovation Awards have been a catalyst for innovation in banking since their inception in ...
Sibos 2020, the world’s largest financial services conference, was held virtually this year from October 5-8. The theme ...
Pillar 3: Drive efficiency In our introductory report, we noted that it is crucial for central banks to drive ...
In the first six months of 2020, the global COVID-19 crisis rapidly accelerated the evolution of the branch-network ...
In my last post, I talked about why open data has a pivotal role to play in the unprecedented times COVID-19 has ...
The rise in popularity of online banking in the last several years had already precipitated a downward trend in branch ...
Sustainable opportunities Clear progress has been made on the UN Global Compact’s Sustainable Development Goals (SDG), ...
In our last post, we looked at how central banks can harness the power of data. We move on now to the second pillar. ...
The disruptions of the past two and a half years have dispelled the notion that cloud migration is a distant proposition. Instead, the cloud is the 21st century foundation for 21st century banking. Ba...
The world of commercial banking faces uncertainty today. As a result, it is difficult to make confident decisions about the medium-to-long term. However, Accenture believes commercial banks have an op...
ISO 20022 is probably the biggest payments change of the last 30 years—if not more. It’s also no longer news. The industry has known for years that it’s coming. In fact, some institutions began thei...
The pace of change is not slowing down. Customers’ expectations have radically changed, and they expect much more from their banking products and services than ever before. To maintain relevance, bank...
You can divide the history of money into five epochs, with each creating a new paradigm for the exchange of value. We are about to enter the next one—and it might just mean that the idea of money will...
Our first metaverse post attracted a lot of attention and prompted the Ultimate Guide to Banking in the Metaverse. These posts discussed the first step in moving to the metaverse: educating your teams...
It’s fantastic that banks are taking the lead in the fight against climate change. Over 50 banks from across the world have pledged to reach net-zero carbon emissions by 2050. And many more are set to...
Bankers must be weary of all the talk about disruption; in the past 15 years they’ve had to survive both the economic and reputational fall-out of the Great Recession, digitize their business and star...
Great brands aim to make an impact on the world. They use purpose to drive action. And according to a recent Accenture Song study on North American banking customers, “brand purpose” is no longer a ni...
For the past five years, banks have transformed by, in part, focusing on bank-to-bank mergers. However, the surge in banking M&A will shift from traditional acquisitions as banks clamor for disrup...