Oracle Banking APIs Cloud Service

Foundational APIs

Always get the basics right with APIs for access, entitlements, approvals, consent, limits, Strong Customer Authentication (SCA), and user management.

Retail banking APIs

Fast-track origination, account aggregation, personal finance management, point-of-need services, Islamic banking, payments, and wealth management.

Corporate banking APIs

Offer corporates an edge with APIs for cash, liquidity, and virtual account management. Streamline payments, corporate lending, trade, and supply chain finance.

Open banking regulatory compliance

With all mandatory retail banking APIs and a Strong Customer Authentication framework, Oracle Banking APIs is compliant with Berlin Group standards version 1.3.6 and Competition and Markets Authority (CMA) UK Open Banking Standard version 3.1.2.

Account aggregation

Optimum use of open banking regulations enables banks to provide customers with a consolidated view of their entire finance portfolio, both within and outside the bank.

Consent and third-party provider (TPP) management

Oracle’s solution offers fine-grain consent management, authorization management, and entitlements management. Manage TPPs with third-party onboarding, privilege assignment, extensibility for eIDAS, and built-in Dynamic Client Registration for UK open banking.

Authentication and security

Gain foolproof authentication with the OAuth 2.0 authorization framework, two-legged and three-legged OAuth 2.0 capabilities, and OpenID for UK open banking—as well as built-in identity management, customer access management, and idempotency checks.

Build your own API-driven experiences

Build new APIs with an API toolkit, repurpose existing APIs, configure and parameterize APIs, and publish APIs from a routing hub at scale to achieve faster time to market, increase reach, and build the bank’s digital ecosystem.

Instantly assimilate and operate within existing

Designed to coexist with current technology, Oracle Banking APIs is a single solution that connects the entire open banking technology landscape, easily integrates with any core banking product processor, and deploys with any API gateway, identity management, or security solution.

Easy discovery and rich API documentation

Oracle’s solution provides rich and extensive API documentation on Swagger that is ready for outbound discovery, complete with lift-and-shift API libraries.

Unlock the revenue potential of APIs

Employ innovative API monetization models with Oracle’s framework to integrate with any pricing and billing engine. Offer contextual, relationship-driven pricing, gain high-fidelity insight into fees and charges, reward loyalty, and provide intelligent pricing.

Accelerate innovation in banking

Enable banks to handpick mature solutions to enrich their product portfolio. A sandbox environment with core banking, payments, and associated applications helps banks and fintechs test prototypes before going live.

Adopt modern collaboration models

Oracle Banking APIs has the flexibility to allow banks to choose the type of collaboration they wish to pursue. Banks can act as aggregators, distributors, and platform players as well as provide expertise as a service and banking as a service (BaaS).

Oracle Fintech Ecosystem

Access an ever-growing list of innovators from across the globe in the fields of artificial intelligence, biometrics, corporate and retail banking, marketplaces, and regtech.

Banking as a service with Oracle

Banks with strong business and knowledge process operations can extract additional revenue inflow through BaaS with Oracle Banking APIs. Participate in the embedded bank market by offering customers services on any channel.