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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Let’s start with the elephant in the room. Yes, mortgage rates are at a 14-year high and volume is off by more than ...
Everyone seems to be climbing aboard the buy now, pay later (BNPL) bandwagon, as I discussed in my last blog, Can banks ...
For the past five years, banks have transformed by, in part, focusing on bank-to-bank mergers. However, the surge in ...
Environmental, social and governance (ESG) ratings are essential for banks and the companies they fund. But too often ...
The big players in commercial banking are making major investments in technology to quickly ramp up their digital ...
The move to digital has dominated the conversation about commercial banking in recent years. That conversation is far ...
It’s important but not critical. That’s been the dominant narrative around sustainability. Until now, that is. There ...
Sulabh Agarwal unpacks the major forces driving payments innovation in 2022.
Most of the time, major moments of change only become obvious in retrospect. But the COVID-19 pandemic has been a ...
The small-and medium-sized enterprises (SMEs) landscape has been significantly altered over the last two years. Many ...
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...
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...
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...
Banks currently dominate the provision of treasury services for businesses in the United States, but they are beginning to face challenges to their long reign. Accenture conducted a survey of over 300...
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...
Let’s start with the elephant in the room. Yes, mortgage rates are at a 14-year high and volume is off by more than 80%. But that’s why I’m writing this blog series. I figure if you work in the mortga...
This is the second part of our series on how banks can adapt to changing customer behaviors and expectations. We’re picking up from the last blog, which explored the “why” of this critical issue; this...
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...
In the current edition of the Banking Cloud Altimeter, we dig into the results of our 2022 Banking Cloud Rotation Index survey, which follows the progress of nearly 100 banks on their journey to cloud...
There’s a lot of buzz about next-gen payments rails globally, but where does North America stand when it comes to adopting these new options? Accenture’s recent consumer payments research—which you’ll...