Financial Services News and Opinion

Latest News

• Jun. 21, 2023

  Nuclei to offer its merchant services on Oracle’s digital banking platform

  Nuclei, a B2B SaaS startup, announced a collaboration with Oracle to embed its SaaS and merchant marketplace program on Oracle’s digital banking platform.

• Feb. 7, 2023

  Banks Accelerate Move to the Cloud with New Oracle Banking 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.

• Feb. 2, 2023

  Mizuho Bank Modernizes Core Banking Operations with Oracle

  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.

• Jun. 6, 2022

  How the new SARs proposal may aid in the financial crime fight internationally

  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.

• Jun. 2, 2022

  African banking evolution: from mobile banking to fueling fintechs, SME growth and expanding middle class

  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.

• May 30, 2022

  Digital asset custody will be revenue driver for incumbents but upgrades are required, says Oracle

  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.

• May 19, 2022

  Airtel Africa’s SmartCash PSB commences trading in Nigeria

  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.

• May 9, 2022

  Cloud computing powers the world’s financial exchanges

  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.

• Mar. 9, 2022

  How Oracle is redesigning the future of digital corporate banking

  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.

• Mar. 3, 2022

  How Oracle is reimagining next-generation corporate treasury

  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.

• Feb. 16, 2022

  Barclays and Oracle FS team up for virtual account management project

  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.

• Feb. 14, 2022

  Oracle named a Leader in 2022 Gartner^® Magic Quadrant^™ for Global Retail Core Banking

  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.

• Jan. 31, 2022

  Accelerating bank-to-bank collaboration with APIs

  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.

• Jan. 11, 2022

  How embedded finance will change transaction banking within the digital experience and for operational efficiencies

  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.

• Dec. 15, 2021

  Global banking and payments technology—predictions for 2022

  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.

• Dec. 14, 2021

  Testing strategies to improve core banking implementations

  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.

• Dec. 6, 2021

  Responsible artificial intelligence for anti–money laundering: how to address bias

  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.

• Nov. 2, 2021

  Oracle wins trio of new clients in US, Vietnam, and Uzbekistan

  Oracle Financial Services has won a trio of new deals, with their new customers picking up systems for digital banking, core processing, and lending.

• Oct. 27, 2021

  CTBC to move branch operations to Oracle

  CTBC Bank Co. Ltd. has chosen Oracle Financial Services to help modernize their corporate banking and payments operations across branches in seven countries.

• Oct. 18, 2021

  Nano makes giant leap with Oracle deal

  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.

• Oct. 6, 2021

  Oracle FS exec questions staying power of new cloud-focused competition

  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.

• Sep. 29, 2021

  Best asset-liability management solution of the year: Oracle Financial Services

  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.