"We have built one of the world's most comprehensive suites of cloud-native SaaS solutions so that banks of all sizes can innovate with speed, security, and scale without compromising their existing environments." "Banks must innovate to succeed in today's hyper competitive environment," said Sonny Singh, executive vice president and general manager of Oracle Financial Services. The six new services available today provide banks with highly scalable corporate demand deposit account processing enterprise-wide limits and collateral management real-time ISO20022 global payment processing API management retail onboarding and originations and new self-service digital experience capabilities. Built on a microservices architecture, they help banks renovate and modernize their business capabilities faster and with less risk. To address these challenges, Oracle launched Oracle Banking Cloud Services, a new suite of componentized, composable cloud native services. With transaction volumes, customer expectations, and competitive threats at an all-time high, banks must adapt quickly to keep pace.
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