back Back

SRM acquires Accourt Payments Specialists in the UK

By Gloria Methri

April 19, 2024

  • Accourt Payments Specialists
  • Advisory Firm
  • Europe
Share

SRM, Strategic Resource Management, FinTech, Payments Consulting, Accourt Payments Specialists, UK, EuropeSRM (Strategic Resource Management, Inc.), an independent advisory firm serving financial institutions across North America and Europe, has acquired Accourt Payments Specialists, a provider of payments consulting and other strategic services in the UK.

For 22 years, Accourt has provided expertise in payments, regulation, and risk to a diverse group of clients, including traditional financial institutions, large card issuers, processors, payment schemes, and FinTech entities.

Accourt’s leadership team will be integrated into SRM Europe’s offering and rebranded to Accourt Payments Specialists, an SRM Company.

This acquisition supports SRM’s long-term vision to be a leading advisory firm for the financial services and payments industry, supplementing the company’s client base in the UK and European markets. To date, SRM has served over 1,000 financial institutions, helping to deliver more than $5 billion in savings and revenue growth to those institutions.

“We’re thrilled to welcome the experts from Accourt Payments Specialists to the SRM family,” noted Neil Whittaker, CEO of SRM Europe. “This allows us to grow our brand in the UK and Europe, consolidate and build on our strength in payments, and share our 30+ years of experience with several new clients in the European market.”

In addition to its payment pedigree, Accourt provides strategy and project delivery to its clients across critical areas of the modern operational landscape – notably risk, fraud, cybersecurity, and compliance. Considering the work ahead for financial institutions navigating risk during the rise of AI and other next-gen technologies, this deep knowledge was another incentive for SRM to acquire the UK-based firm.

“It’s easy to see that the leadership team at SRM – both in the US and Europe – is dedicated to delivering results to clients that create significant operational and financial impacts,” said John Berns of Accourt. “SRM shares our impartial, independent spirit and desire to be great in our work and our culture. We are thrilled to be part of the enterprise going forward.”

Previous Article

April 19, 2024

Marqeta & Rain to offer earned wage access through embedded finance

Read More
Next Article

April 19, 2024

FinTech Focus: Catch latest developments of the week

Read More






IBSi Daily News Analysis

UAE, money transfer

May 23, 2024

Accourt Payments Specialists

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 24, 2024

PPRO and Afterpay team to bring BNPL solution to US consumers

Read More

May 24, 2024

Boodil launches innovative Travel Payments Platform

Read More

May 24, 2024

heymax & Visa team to simplify Credit Card rewards experience

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023