LONDON, February 24, 2025- The future is calling- and Accenture’s FinTech Innovation Lab London is answering! We’re excited to reveal the themes our clients are seeking from FinTech’s to help ignite fresh thinking and drive meaningful change in their organisations. From reimagining Connectivity to AI & Gen AI solutions, each theme offers a unique challenge and – when our cohort are announced shortly – a chance for Accenture Clients participating in the Lab to get priority access to the solutions. Read on to discover what’s next and how you can get involved!
Which theme interests you the most?
Speaking to over 20 of our most innovative senior Clients across UKI and Europe revealed these priorities for their innovation agendas:
1. AI & GenAI Solutions (anchored in use cases for Customers & Colleagues)
2. Connectivity (think cross border & data networks)
3. Security & Compliance (incl. Fraud and Ransomware)
4. Data Management (an annual feature, to enable max. value extraction)
5. DLT / Blockchain (It’s back! Digital ID, Digital Money and more)
6. Customer Management (new propositions and channel interactions)
Our latest analysis is based on Retail, Corporate and Insurance Financial Services Businesses expressing their preferences for feature and functional innovation, and is therefore reflective of real business requirements. Underlying the ‘technology’ innovation was a strong desire for new customer propositions, closely followed by enterprise platform productivity and efficiency solutions. Blockchain has made a resurgence and digital assets remains an enduring trend, while security and compliance have seen increased attention across the industry driving sustained focus on innovative solutions.
From the c.177 applications received, we have seen a close alignment to these themes with – unsurprisingly – “AI & GenAI” being a component that features most strongly. Whist sustainability and inclusion appears to have taken a step back in terms of volume of applications, we firmly believe in Responsible AI and anticipate a return of focus here in future as energy consumption and auditable insights becomes ever more important.
What challenges shall we tackle together?
Having carefully curated a shortlist of FinTechs that most closely match our Client’s preferences, we will now embark on 3 Pitch days, where our Clients will be seeing and hearing from the Founders claiming to already be solving these challenges and offering exciting Partnerships.
From there, FIL will launch into a 12-week program of acceleration for the successful FinTechs, kicking off with the launch party, followed by exhibiting at The Tech Tunnel hosted at Innovate Finance’s Global Summit (IFGS), workshops with leading industry figures, coaching from Lab mentors and partner days with our Clients – follow all the latest on our LinkedIn page, and watch this space for an announcement on the successful cohort soon!