Accenture Payment Services Head Pleasantly Surprised at Level of Digital Currency Adoption
Earlier this year, Accenture conducted their 2014 North American Consumer Payments Survey, which revealed surprising data about the rate of digital currency adoption. The Accenture survey revealed that those in the 18-34 age group or those that had higher income were more likely to use digital currencies such as Bitcoin. Of those that used digital currencies, the majority stated that they did so because it "protects personal identity," with the second most cited reason being "lower cost transactions." To get a better idea of what one of the top consulting firms is planning to do regarding....
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A financial innovation lab operated by management consulting firm Accenture has added a blockchain startup to its latest class. Accenture's 2016 FinTech Innovation Lab London, the company announced yesterday, will include 15 startups. Crowdaura, which uses blockchain technology as a mechanism for issuing securities via crowdfunding, is the sole blockchain startup to be included in the class. The selected startups will spend 12 weeks working with Accenture staff and executives from a variety of major financial institutions including Bank of America, Deutsche Bank, HSBC and Société Générale.....
Accenture has debuted a new blockchain-focused hardware solution for storing private keys. The professional services firm partnered with Thales, a French company that works in the fields of cyber security, aerospace and defense, to develop the solution. It relies on hardware security modules (HSMs) to store the private keys – pieces of digital information that are used to sign blockchain transactions – in a bid to shore up security around enterprise-facing blockchains. Specifically, the Accenture solution relies on the nShield HSM product developed by Thales. In statements, Accenture....
Following their involvement in blockchain technologies, Accenture and Microsoft have won the right to provide cloud services for EU institutions. The two companies will build the infrastructure as part of a consortium, along with Comparex, after Accenture’s Cloud Platform and Microsoft Azure met “stringent” requirements put forward by the EU Commission.....
Accenture has launched a specialized practice within its financial services group to help institutions implement blockchain technology in order to improve operational efficiency, security and client service, as well as to capture new revenue opportunities. Accenture will provide a range of consulting and technology services, from feasibility studies, business case assessments and operating model design, to advisory services on systems architecture, cybersecurity and cloud consulting, through to full-scale systems integration. Accenture, a Fortune Global 500 company, is the world's largest....