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Blockchain technology can help investment banks cut costs and deliver savings of more than 30% across the middle and back office, translating to an economy of US$8 billion to US$12 billion annually, according to a joint analysis by Accenture and operations-benchmarking leader McLagan.This is one of the findings of...
SBC Digital Ventures, the venture arm of Siam Commercial Bank, has participated in Ripple's US$55 million Series B funding round, making it the first Thai financial institution to invest in a blockchain company and to express interest in the use of the technology for financial services."Siam Commercial Bank is...
Accenture has unveiled the 15 startups that will composeĀ its 2016 class for the Fintech Innovation Lab in London, a 12-week mentorship program that aims to help the most innovative fintech startups accelerate product development while giving them exposure to banks and financial institutions.This year's London Lab class includes Crowdaura,...
Fintech investment in APAC has skyrocketed this year. Nearly US$3.5 billion has been invested so far; almost three times more than in 2014, according to a new report from Accenture.Entitled "Fintech Investment in Asia-Pacific set to at least quadruple in 2015," the report examines current fintech investments and predicts...

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