The banking industry has been fragmenting and de-layering for some time now, as challenger banks and bigtechs chip away at the value chain. While this neo-normal has created some opportunities for collaboration, it has also presented banks with a stark choice: commit to continuous technological innovation or risk yielding competitive advantage.
Yet this isn’t just about digital transformation. With share and revenue leaking out of the banking sector to other industries—especially to bigtech—we believe the time has come for banks to challenge their long-established conventions and beliefs. To sustain their relevance, they need to truly understand their markets and what it takes to succeed in each of them. They’ll have to be willing to shape new business models, partner in unconventional ways, rediscover their purpose and humanity, and commit to constant innovation.
Accenture is here to help—not as a vendor, but as a strategic partner. Sharing the risks and rewards, bringing technological expertise, a global perspective and the ability to deliver. Enabling flexible architecture in the cloud, with market-leading tools and solutions. Using technology to find value in your data, in order to create amazing customer experiences. Putting our reputation on the line, right next to yours—and delivering on our promise of technology and human ingenuity.
We help banks and captive equipment finance companies equip themselves with future-ready digital lending operations.
How we can help
Our unique insights, unmatched partner ecosystem and trusted tools and assets ensure that you get the maximum benefit from all that technology has to offer—in the cloud, in ESG, in data and game-changing experiences—and everything in between.
Banking delivery centers around the world, including India, Spain, China and the Philippines
of the top 50 banks worldwide are our clients
of the top 20 money managers worldwide are our clients
NEW RESEARCH REPORT
Banking Consumer Study
Our global study of 49,000 consumers sheds light on their growing dissatisfaction and increasing industry fragmentation. We also highlight 4 plays to help banks transform customer relationships, which can boost primary-customer revenue by up to 20%.