Read the latest news, opinion, and thought leadership pieces about Oracle Financial Services.
Oracle launched Oracle Banking Cloud Services, a Cloud native SaaS suite that provides corporate and retail banks the agility to modernize their banking applications quickly to meet customer demands and capitalize on new opportunities.
Mizuho Bank modernizes its legacy core banking system with Oracle’s banking solutions to support it critical functions, enjoying the benefits of real-time processing support and a high level of STP for deposit operations and cash management services.
To combat criminals who have found ways to evade safety and security measures, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a pilot program that would enable US banks to share suspicious activity reports with branches, subsidiaries, and affiliates located in foreign countries.
Learn about the evolution of banking in Africa—from mobile banking to microfinance, fintech innovation, SME financing, and more. Find out how to bring everything together to create next-generation financial experiences in Africa.
Digital asset custody could be a revenue driver for global custodians, provided they invest appropriately in the sector. Akshaya Kapoor, vice president of Oracle financial services, interviewed with Global Custodian and discussed the critical back-end system and three key fundamentals that can support digital asset activities.
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa. The company has recently announced that their subsidiary SmartCash Payment Service Bank Limited will commence their operations for financial services in Nigeria to help bank those without access to financial services.
Financial exchanges are transforming the way they run global capital markets with cloud computing technologies, and many are doing so by outsourcing their technical infrastructure to a cloud provider. Oracle’s group vice president of financial services Conor Colleary advises against relying on a single cloud provider. Read the full article to find out why.
Oracle Financial Services has stopped using traditional approaches while redesigning their corporate banking portfolio to build a truly digital experience. As a result, Oracle’s solution creates an intuitive, contextual experience that’s integrated with connected analytics and insights for their corporate clients.
Corporate treasurers are under pressure to provide their boards with daily data on cash flows and liquidity. Oracle has addressed this challenge with a solution set designed with treasurers’ needs in mind.
Barclays is working with Oracle Financial Services on a large-scale virtual account management project in the UK that aims to deliver more capabilities to corporates.
Oracle has been recognized as a top core banking platform provider by Gartner for their complete retail banking solution suite, which provides next-evolution capabilities from a modern core to comprehensive business processes to an intuitive and engaging digital experience.
In many cases, banks are now digitally mature enough to partner with each other to fill technological or process gaps in ways that benefit customers. Get insights into the proliferation of APIs and how it will power the banking-as-a-service model.
Corporates are demanding more from their banks to address working capital needs and are turning their attention to embedded finance. Read the full article to learn about Oracle’s unique approach to embedded finance, which helps banks better prepare themselves for the future of transaction banking.
The year 2022 has the potential to be an important milestone for the banking industry. Investing in the right capabilities and technologies to leverage the shift to digital effectively will separate the leaders from the rest of the pack and set up a strong base for success in the coming years.
Performance testing is an essential and integral element of any large-sized core banking transformation project. Oracle Financial Services shares a two-step strategic approach to performance testing and lists a few best practices for conducting successful load testing of a core banking application using automated tools.
Amid growing industry consensus that AI is key in the race to differentiate and establish market share, tackling potential biases is becoming a pivotal preliminary step. Find out what CCOs can do to reduce biased AI in their anti–money laundering programs.
Oracle Financial Services has won a trio of new deals, with their new customers picking up systems for digital banking, core processing, and lending.
CTBC Bank Co. Ltd. has chosen Oracle Financial Services to help modernize their corporate banking and payments operations across branches in seven countries.
Nano Home Loans, a mortgage disrupter, has collaborated with Oracle Financial Services to leverage Oracle technology to onboard all new-to-bank customers applying for a home loan with Westpac and National Australia Bank.
While it’s easy for new technology firms to claim that their technology is the latest approach to banking software, it’s difficult to keep up when trends change. For instance, although the cloud and software as a service (SaaS) are among the latest technologies, they won’t be the last, and new cloud-based vendors might also have the ability to keep pace.
Oracle Financial Services’ asset-liability management application has provided Asia’s key banks with the invaluable ability to gauge their liquidity and interest rate risks and generate complex balance sheet forecasts.
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