Chris Scislowicz

Jun 13, 2024 | bankingblog.accenture.com | Jared Rorrer |Michael Abbott |Keri Smith |Chris Scislowicz

In May of 2024, the Aurora Borealis, also known as the Northern Lights were on full display for the largest proportion of the United States in decades. The Northern Lights are caused by geomagnetic flairs or “solar storms” from the sun, which can lead to extremely disruptive events on Earth. In 2003, an extreme solar storm knocked out power in parts of Sweden and damaged electrical transformers in South Africa.

May 31, 2024 | bankingblog.accenture.com | Álvaro Ruiz |Cameron Krueger |Jared Rorrer |Chris Scislowicz

We’re all still trying to get our heads around the big question confronting all commercial bankers right now: how and where will generative AI have the greatest impact? In our recent analysis of the top trends shaping the industry in 2024, we argue that each one is influenced to some degree by generative AI. In this second post we explore where within the bank early adopters are applying this transformative technology.

May 2, 2024 | bankingblog.accenture.com | Álvaro Ruiz |Cameron Krueger |Jared Rorrer |Chris Scislowicz

Spring is a time when most people, bankers included, take a fresh look at the challenges they face and tackle them with renewed vigor. Commercial banking should be on this year’s spring-cleaning list. While it is often the bank’s largest revenue generator, its processes continue to be highly manual, constraining the potential for profit growth. Our Commercial Banking Top Trends for 2024 report highlights the most critical issues, and it’s no surprise that generative AI features in all of them.

Mar 27, 2023 | bankingblog.accenture.com | Jared Rorrer |Chris Scislowicz |Keri Smith |Margaret Weichert

Having pulled through the Covid pandemic, the unravelling of international supply chains and a global energy crunch, commercial banks must now grapple with a spike in interest rates and the collapse of some high-profile peer institutions. Rarely have I seen the banking industry in such flux and uncertainty. How should banks respond? My advice: Pause … take stock … focus on the fundamentals. Shifts in the global macro market prompted many banks to start the year cautiously.