Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services Small to medium businesses are the foundation for the global economy....
Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services Small to medium businesses are the foundation for the global economy. They represent a substantial potential revenue source for banks. Yet this critical customer segment is many times overlooked by banks having them switch between their Retail and Commercial divisions. Most small businesses are still not satisfied with how banks are addressing their specific financial needs. Small to...
Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services Small to medium businesses are the foundation for the global economy. They represent a substantial potential...
Blog by: Mike Kane, Co-Founder of Hydrogen Open banking started as an European Union directive in 2015, known as PSD2. It was administered to get financial...
Blog by: Mike Kane, Co-Founder of Hydrogen Open banking started as an European Union directive in 2015, known as PSD2. It was administered to get financial institutions to open their APIs to allow third-parties to build applications and services on top of data. This initiative has now spread globally, but there has yet to be meaningful product layers built on top of the financial data. The end goal of open banking was to increase competition and provide a level playing field...
Blog by: Mike Kane, Co-Founder of Hydrogen Open banking started as an European Union directive in 2015, known as PSD2. It was administered to get financial institutions to open their APIs to allow...
Blog by Javier Castillo of Strands, Inc. In recent years, financial institutions have taken big steps in the adoption of cloud-based solutions with the aim of...
Blog by Javier Castillo of Strands, Inc. In recent years, financial institutions have taken big steps in the adoption of cloud-based solutions with the aim of leveraging the benefits shared IT resources and ecosystems deliver across the enterprise. Oracle Open World 2019 set the scene for the launch of Strands Software-as-a-Service platform as we look to deliver the first global enterprise grade digital money management solution on the cloud. Strands is a pioneer when it...
Blog by Javier Castillo of Strands, Inc. In recent years, financial institutions have taken big steps in the adoption of cloud-based solutions with the aim of leveraging the benefits shared...
I had the pleasure to meet Nitish Priyaranjan and Vijay Dev, both from the Oracle Financial Services Global Business Unit. Nitish is a member of the winning...
I had the pleasure to meet Nitish Priyaranjan and Vijay Dev, both from the Oracle Financial Services Global Business Unit. Nitish is a member of the winning team of the SIBOS 2019 hackathon with the theme “Open Banking needs open minds”, and Vijay pulled together the Oracle Banking Sandbox that were used by the hackathon participants. Rik De Deyn: Let’s start with Nitish. Congratulations on being part of the winning hackathon team, Nitish. What was the hackathon about?...
I had the pleasure to meet Nitish Priyaranjan and Vijay Dev, both from the Oracle Financial Services Global Business Unit. Nitish is a member of the winning team of the SIBOS 2019 hackathon with the...
Blog by: Dorel Blitz - VP Strategy & Business Dev, Personetics Leading banks around the world are urgently looking to stay relevant by providing retail, small...
Blog by: Dorel Blitz - VP Strategy & Business Dev, Personetics Leading banks around the world are urgently looking to stay relevant by providing retail, small business and wealth management customers guidance in managing their finances – with varying levels of personalization and automation. We call this Self-Driving Finance. Self-Driving Finance enables banks to deliver proactive help to their customers empowering them to take control over their financial well being. This...
Blog by: Dorel Blitz - VP Strategy & Business Dev, Personetics Leading banks around the world are urgently looking to stay relevant by providing retail, small business and wealth management customers...
Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services The average ‘Time to Decision’ for small to medium business (SMB)...
Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services The average ‘Time to Decision’ for small to medium business (SMB) origination within traditional banks ranges anywhere between 5 days to 1 month depending on the loan size and complexity of the deal and ‘Time to Cash’ anywhere between 25-55 days. In a world where SMB’s are demanding funds fast, these time-frames are unacceptable. Banks must focus on how to reduce ‘turn-around times’ and...
Blog by: Susan Harden, Senior Director, Banking Solutions, Oracle Financial Services The average ‘Time to Decision’ for small to medium business (SMB) origination within traditional banks ranges...
At Sibos in London Sept 23-26, Oracle will feature 10 enterprise-ready FinTechs, 3Forge, Amenity Analytics, BankiFi, Gapsquare, IPsoft, Personetics, Perx,...
At Sibos in London Sept 23-26, Oracle will feature 10 enterprise-ready FinTechs, 3Forge, Amenity Analytics, BankiFi, Gapsquare, IPsoft, Personetics, Perx, Previse, Quant Network, The Logic Value who are leveraging Oracle Cloud technology and Oracle Banking APIs to improve security, reliability, data privacy and regulatory compliance for banking. View detailed profiles of the 10 FinTechs here: Meet the FinTechs Each fintech is part of Oracle for Startups, a unique acceleration...
At Sibos in London Sept 23-26, Oracle will feature 10 enterprise-ready FinTechs, 3Forge, Amenity Analytics, BankiFi, Gapsquare, IPsoft, Personetics, Perx, Previse, Quant Network, The Logic Value who...
Blog Authored by Shriyanka Hore, Director Product Strategy, Oracle As the global financial industry moves towards real-time payments, banks will lose their...
Blog Authored by Shriyanka Hore, Director Product Strategy, Oracle As the global financial industry moves towards real-time payments, banks will lose their relevance unless they can meet customers’ need for speed. Almost all major financial markets have taken steps to make real-time payments the default for both consumer and corporate customers, driven by new legislations like SEPA Instant in the Eurozone and the New Payments Platform (NPP) in Australia. According to...
Blog Authored by Shriyanka Hore, Director Product Strategy, Oracle As the global financial industry moves towards real-time payments, banks will lose their relevance unless they can meet...
Blog Authored by Akshaya Kapoor, Senior Director, Product Strategy, Oracle Cloud pricing and billing has come a long way in the last few years and has gradually...
Blog Authored by Akshaya Kapoor, Senior Director, Product Strategy, Oracle Cloud pricing and billing has come a long way in the last few years and has gradually over time evolved from a disruptive innovation to a pervasive reality. We are beginning to see many financial institutions thinking about it, experimenting with it, and are gaining a deeper understanding of how it is shaping up to be a major paradigm shift in revenue management. Why this is happening now: The shift to...
Blog Authored by Akshaya Kapoor, Senior Director, Product Strategy, Oracle Cloud pricing and billing has come a long way in the last few years and has gradually over time evolved from a disruptive...
