Commercial banking top trends in 2023
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...
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As I introduced in my previous blog post, digital fluency is essential for banks’ performance in the near-term (to ...
Which musical artist has had the longest-running streak at the top of the Billboard Hot 100 list? If you guessed The ...
From COVID-19 to accelerating cloud change, remote working to diversity, 2020 was a stress test and accelerator of ...
Printer paper, baseball news and nice restaurants. What do these things have in common? They were the three predictors ...
$140 billion. That’s how much, according to Accenture research, that the North American financial services market could ...
I’m a huge music geek. I bought my first cassette when I was five years old from Woolworths. Fast forward a few decades ...
Throughout this blog series, I’ve been looking at a research study from Accenture and CIPD that shows a gap between ...
As we’ve explored in this blog series, effective learning is the combination of ‘anytime, anywhere’ learning that’s ...
Shell is an international energy company that operates in more than 70 countries and employs more than 82,000. One of ...
Imagine it’s Saturday morning. You and your family plan to ride your bikes to the pier for lunch. There’s just one ...
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...
Disclaimer: ChatGPT did not write our post, but we did ask it for title suggestions and picked our favorite one. Thanks, generative AI! We’re at an inflection point. Every day, we see how artificial i...
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...
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...
A recent Accenture survey found that embedded finance offerings to small and medium-sized enterprises could increase global bank revenues by as much as US$92 billion by 2025. Embedded finance offers b...
As Yogi Berra once famously said, there is no difference, in theory, between theory and practice— but in practice, there is. That’s certainly true for tech transformation projects at banks. Most ban...
Banks face a trust paradox. While customers trust banks with their money, only 19% of them say they are interested in receiving advice from a bank. And the more digital banks become, the less connecte...
The COVID-19 pandemic increased the tempo of change in consumer behaviors and expectations. Payments, characteristically, is at the forefront of the change. In “Payments Gets Personal—Strategies to St...
As consumers experience economic turbulence due to inflation and rising interest rates, they want to be able to pay anywhere, anytime, anyhow. For banks to stay ahead of an increasingly complex paymen...
Having pulled through the Covid pandemic, the unravelling of international supply chains and a global energy crunch, commercial banks must now grapple with a spike in interest rates and the collapse o...