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: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist Smaller banks are equally vulnerable to financial crime just like large...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist Smaller banks are equally vulnerable to financial crime just like large multi-jurisdiction banks – thus exposing them to greater regulatory scrutiny. This has led to increased investment in financial crime & compliance programs such as Know Your Customer, transaction monitoring & case investigation. Increased regulatory expectation has amplified the costs and burden of compliance management...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist Smaller banks are equally vulnerable to financial crime just like large multi-jurisdiction banks – thus exposing...
Blog By: Julien Mansourian, Strategy and Transformation Executive. Blockchain has been touted as the solution to replace the many ageing processes powering...
Blog By: Julien Mansourian, Strategy and Transformation Executive. Blockchain has been touted as the solution to replace the many ageing processes powering financial services and it may just be the answer to stop money launderers and financial criminals in their tracks. What is blockchain? Blockchain is a sequential distributed and encrypted database found in cryptocurrencies derived from Bitcoin. It has become a tool for maintaining transparent and distributed ledgers that...
Blog By: Julien Mansourian, Strategy and Transformation Executive. Blockchain has been touted as the solution to replace the many ageing processes powering financial services and it may just be...
Blog By: Matthew Long, Director Financial Crime and Compliance Solutions Financial crime has existed for as long as money has. Although we’ve come a long way...
Blog By: Matthew Long, Director Financial Crime and Compliance Solutions Financial crime has existed for as long as money has. Although we’ve come a long way from hiding grain underground, but financial criminals still follow the same principle of anonymity and hiding. Transnational financial crime is good business. A recent article by Global Financial Integrity, reported that it is valued to be between US$1.6 trillion to US$2.2 trillion in 2017 11 different markets. ...
Blog By: Matthew Long, Director Financial Crime and Compliance Solutions Financial crime has existed for as long as money has. Although we’ve come a long way from hiding grain underground, but...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist We’re not saying free-trade zones (FTZ) are a hotbed of financial crime....
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist We’re not saying free-trade zones (FTZ) are a hotbed of financial crime. But given its duty- and tax-free status, these jurisdictions tend to attract money laundering, terrorism financing and other criminal activities, in addition to legitimate businesses. Blind Men and the Financial Crime Elephant The scope and degree of Customs control over the goods introduced, and the economic...
Blog by: Garima Chaudhary, Oracle Financial Crime and Compliance Management Specialist We’re not saying free-trade zones (FTZ) are a hotbed of financial crime. But given its duty- and tax-free status,...
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 By Garima Chaudhary, Financial Crime and Compliance Management Specialist, Oracle Financial Services As regulatory scrutiny increased, and monitoring...
Blog By Garima Chaudhary, Financial Crime and Compliance Management Specialist, Oracle Financial Services As regulatory scrutiny increased, and monitoring systems started to generate an enormous number of cases, the option institutions had was to increase manpower to handle the workload. Increasing the manpower have drastically increased the cost of compliance. Such increasing costs have caused enterprises to start looking at advance analytics and data scientists as smarter...
Blog By Garima Chaudhary, Financial Crime and Compliance Management Specialist, Oracle Financial Services As regulatory scrutiny increased, and monitoring systems started to generate an...
Blog By: Daniel Lee, Digital Marketing Manager, Oracle Financial Services Oracle is proud to win the Asia Risk Awards – Asset Liability Management (ALM) Product...
Blog By: Daniel Lee, Digital Marketing Manager, Oracle Financial Services Oracle is proud to win the Asia Risk Awards – Asset Liability Management (ALM) Product of the Year 2019 for its Asset Liability Management solution. Asia Risk Awards - Key Judging Criteria Amongst Asia Risk Awards 2019, the ALM product of the year is given to the technology solution that offers the most significant value add to end users from an innovation and risk perspective. The judging panel...
Blog By: Daniel Lee, Digital Marketing Manager, Oracle Financial Services Oracle is proud to win the Asia Risk Awards – Asset Liability Management (ALM) Product of the Year 2019 for its...
