Tag "Accenture"
Top 10 Banking Trends in 2024 that Will Define the Sector
In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. This evolution reflects the dynamic shift seen a quarter century ago with the Digital
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44% of Companies Still at Beginning of Identity Security Journeys
Despite the fact that identity-related breaches account for 90% of cybersecurity breaches, a new report finds that 44% of companies are still at the beginning of their identity security journeys. The report by SailPoint Technologies, an identity management solution provider,
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Singapore Fintech Talent Report 2022 Finds Demand Still Outpacing Supply
The Singapore Fintech Association (SFA) and Accenture Singapore have launched the Singapore Fintech Talent Report in conjunction with the Singapore Fintech Festival 2022. Despite the uncertain macroeconomic environment of 2022, Singapore’s fintech industry continues to grow as does its demand
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MAS Pushes for AI Innovation With Global Challenge Ahead of Its Fintech Festival
The Monetary Authority of Singapore (MAS) in collaboration with ASEAN Financial Innovation Network (AFIN) and Accenture has announced the launch of the inaugural Global Veritas Challenge where the theme revolves around “Codifying Responsible AI”. The competition seeks to accelerate the
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Accenture: Half of the Banks are Not Making Visible Progress in Digital Transformation
The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to a new report from Accenture. The report analyzed
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Accenture and Digital Ventures Launches Blockchain Solution Built on R3
Accenture and Digital Ventures a fintech subsidiary of Siam Commercial Bank, have co-developed and launched a blockchain solution aimed at simplifying the way companies buy and sell goods, make and receive payments, and obtain financing. The solution is described as
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Global Venture Capital Investment in Fintech Industry Set Record in 2017
Global investment in fintech ventures reached another all-time high in 2017, buoyed by a surge in funding for startups in the United States, United Kingdom and India, according to Accenture analysis of data from CB Insights, a global venture-finance data and
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New Accenture Report Highlights Rising Acceptance of Robo-Advisors
Seven out of ten consumers globally are willing to use robo-advisory services for their banking, insurance and retirement planning, highlighting the rise in acceptance of robo services as well as a significant shift in consumer trends, according to a new
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Millennials Driving Digital Shift in Insurance Sector
The insurance industry is undergoing a shift in the way it operates in order to satisfy a new generation of customers – the millennial market. Millennials are demanding more high-tech processes when it comes to insurance, looking for digital interaction
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Leader in Global Fintech Investments: China
Asia-Pacific nearly doubles 2015 fintech financing in first half of 2016 reaching almost $10 billion; growth driven by China Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the
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