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TMCNet:  Accenture Opens Payments Innovation Showcase at Technology Lab in 
France

[May 25, 2008]

Accenture Opens Payments Innovation Showcase at Technology Lab in France

(Wireless News Via Acquire Media NewsEdge)
Accenture announced that it has opened a new facility at its research
and development technology lab in Sophia Antipolis, France, dedicated
to advancement in the global payments industry.

The facility, called the Accenture Payments Innovation Showcase,
focuses on original research and development in all facets of the
payments business, including mobile communications and other
point-of-sale technology, bank-to-corporate connectivity, processing,
process models, biometrics, regulation such as the Single Euro Payments
Area (SEPA) initiative, and security.

The Accenture Payments Innovation Showcase, combining Accenture's
industry experience and technology capabilities, will demonstrate how
businesses can drive innovation, reduce costs and improve the quality
of products and services to their customers by using advanced
technologies.

"Technology innovation is a key driver of high performance," said
Martin Illsley, director of research at Accenture Technology Labs in
Sophia Antipolis, France. "In combining technology expertise with
business acumen, our researchers apply new and emerging technologies to
create prototypes and cutting-edge solutions that help clients maximize
future performance."



"The payments business faces massive change driven by increased
competition, disruptive regulation, declining margins and revenues in
traditional lines, rising transaction volume, and greater need for
technology, scale and actionable information," said Antonio Iglesias,
an Accenture Financial Services senior executive who leads the payments
business in Europe and Latin America. "Now is the time for Accenture to
devote even more resources to helping clients better understand and
benefit from this change. And it makes sense to base this work in
Europe, where so much innovation is taking place."

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed on behalf of 10Meters via M2 Communications Ltd -
http://www.m2.com))
((10Meters - http://www.10meters.com))

Copyright ? 2008 Wireless News

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