The rising Gig Economy offers new opportunities for the traditional banks. Oracle’s Aubrey Hawes on how traditional banks can tap onto the growing Gig Economy...
The rising Gig Economy offers new opportunities for the traditional banks. Oracle’s Aubrey Hawes on how traditional banks can tap onto the growing Gig Economy for possible revenue.
Corporate banking clients’ satisfaction has dropped while globally individuals are becoming reliant on digital services. What does this mean for Corporate...
Corporate banking clients’ satisfaction has dropped while globally individuals are becoming reliant on digital services. What does this mean for Corporate bankers? Oracle’s Conor Colleary shares more.
here We hear much of the latest and greatest technologies within the Financial Services industry and even Transfer Agency is not immune to these fashion, fads &...
here We hear much of the latest and greatest technologies within the Financial Services industry and even Transfer Agency is not immune to these fashion, fads & changes (see Is Blockchain a disruptor or enabler for Transfer Agency?). Each coming new technology offers the opportunity for Transfer Agency and Fund Distributors to address servicing dilemmas for Investors and Asset Managers. Despite recent bouts of doom and gloom around the existence of Transfer Agency, we see...
here We hear much of the latest and greatest technologies within the Financial Services industry and even Transfer Agency is not immune to these fashion, fads & changes (see Is Blockchain a disruptor...
Small to medium businesses are the foundation for the global economy. They represent a substantial potential revenue source for banks. Yet this critical...
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 medium businesses are demanding a better banking experience ~ Simple, Digital,...
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...
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...
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 by regulating consumer protection. However,...
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...
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...
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 comes to creating highly-customizable digital...
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...
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...
Leading banks around the world are urgently looking to stay relevant by providing retail, small business and wealth management customers guidance in managing...
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 strategy boosting customers’ engagement & products’ adoption....
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...
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 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 deliver a better end to end experience to both customers and staff. What role does data...
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...
