Jared Rorrer

1 month ago | bankingblog.accenture.com | Jared Rorrer |Accenture Banking |Keri Smith |Michael Abbott

Despite significant investments in cybersecurity, customers lack trust in the banking system’s ability to protect their data. "Trust is the bedrock of business.

Jun 27, 2024 | bankingblog.accenture.com | Keri Smith |Álvaro Ruiz |Cameron Krueger |Jared Rorrer

Ella Fitzgerald was one of the first, in the ‘30s, to have a hit with the song ‘Ain’t What You Do, It’s the Way That You Do It’. The fact that legions of musicians have and continue to record it tells me there’s a universal truth there that most people recognize. This is certainly the case with generative AI. Using the innovation is cheap and easy.

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.