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Startups magazine features how technology is accelerating innovation with open banking and APIs, increasing the amount of competition in the sector with new entrants.
MoneyGram, one of the world's largest money transfer companies, today announced the expansion of its loyalty program, MoneyGram Plus Rewards™, to customers in France, Italy, Germany, and Spain through its expanding digital platform powered by Oracle Revenue Management and Billing solution.
Leveraging data can drastically reduce origination turn-around times. It can also lower the cost to originate and improve credit quality across the end-to-end origination process. Understand how data is harnessed through analytics and enabled with the right APIs to transform bank lending origination.
Cost-effective, machine learning-based analytical cloud applications enable banks to thwart increasingly sophisticated criminal activity.
Oracle for Startups, Oracle Financial Services, and fintechs collaborate to bring the power of fintech ecosystems to corporate banking.
Quantifind's software-as-a-service (SaaS) solutions for Investigations, customer due diligence, and alerts management will integrate with Oracle Financial Services Financial Crime and Compliance Management, giving Oracle's clients access to next-generation automation and intelligence capabilities directly in their compliance workflows.
FSS, one of India's largest payments processors and a leading global provider of integrated payment products, and US-based Oracle Financial Services will collaborate to enhance digital payments for banks.
This article take a look at concerns around upcoming digital currencies and discusses Oracle Open Graph Technology as an example of one powerful solution for digital currency flows, like Facebook's Libra, that cannot be secured from machine learning using traditional AML technology.
Now available in the UK, Oracle Banking Enterprise Originations solution will help banks and building societies transform residential, buy-to-let and SME mortgage origination.
In this op-ed, Oracle's Venky Srinivasan discusses the critical aspects that need to be achieved for virtual banks to grow, scale and remain profitable.
E27 explores the opportunities and challenges in the new age of virtual banks and highlights findings from a recent global survey conducted by Oracle.
The advent of new, digital-only, virtual bank options has created a sense of urgency for Singaporean banks to build better digital engagement for retail, corporate, and SME customers to ensure customer retention.
Bank Dive's article discusses how traditional banks can create a strategy to "leverage the best of both worlds" - digital and physical distribution - including a perspective from Oracle's Aubrey Hawes on why it's important for banks to invest in an omnichannel strategy that supports in-person and online interactions.
The Asset spoke to Venky Srinivasan, group vice president, Oracle Financial Services, on what the latest move by the regulator will mean for the banking industry in the Lion City. The move towards virtual banks and usage of open APIs help to boost customer value by giving customers choice and understanding consumers’ needs more deeply at every stage of the financial lifecycle.
Digital banks will benefit niche segments of the market that are underserved by traditional banks such as foreign workers, small-and-medium-sized enterprises (SMEs), and a growing mobile-savvy millennial population. But digital banking also comes with the risk of such services being used for crimes such as identity theft and money laundering.
Hear from Venky Srinivasan, group vice president, Oracle Financial Services, on the value of new virtual bank licenses, the critical success factors in running a virtual bank, and how this trend is playing out in Asia and leveling the playing field for innovation.
Increased competition from virtual banks could push incumbent banks to move faster into data-driven strategies to monetize data among participants of new financial services ecosystems beyond the traditional boundaries of the bank itself.
Oracle announced the availability of Oracle Financial Services Anti Money Laundering (AML) Express Edition targeted at small- and mid-sized banks. It provides a single, unified platform to efficiently detect, investigate, and report suspected money laundering and terrorist financing activity to comply with evolving regulations and guidelines.
New Asia Risk and Oracle survey indicates the road to modern finance and risk remains a work in progress in APAC
Blue Prism, a leader in robotic process automation (RPA), and Oracle Financial Services have announced a new integration to automate critical compliance tasks, helping financial institutions in the investigation, resolution, and reporting of financial crimes and suspicious activities.
Oracle Financial Services commissioned an industry outlook report from MIT Technology Review Insights that examines how banks are responding to regulatory changes, market shifts and business model changes as a result of open banking.
New Corporate Banking Solutions Enable Smarter Operations for Credit Facilities, Corporate Lending and Trade Finance
As corporate businesses expand globally, their operations become exponentially more complex. Oracle Financial Services new platform enables banks’ corporate customers to more efficiently manage and monitor their banking accounts.
MKB Bank, Hungary’s fourth largest commercial bank has today announced it is the first in the country to take a leap towards digital and open banking after transforming its entire technology system with Oracle FLEXCUBE.
Invest Banca S.p.A. is the first Italian bank to implement Oracle FLEXCUBE, localized and integrated by banking outsourcer Cabel Industry S.p.A.