Latest Oracle Financial Services Software Limited News: Finextra Research

People trust robots over humans to manage their financial affairs

The Covid-19 pandemic is eliminating previous fears about the role of AI in financial services, with individuals and business leaders now trusting a robot more than a human to handle their financial affairs.

11 February 2021

/retail

Oracle to locate European fintech hub in Brussels

Big tech company Oracle is to locate a new 'Fintech Innovation Programme' in Belgium, teaming up with local startup supporter B-Hive.

02 July 2018

/regulation

Finextra partners with top banks and vendors for Sibos debates

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

22 September 2017

/retail

Indian banks failing to grasp the opportunities from demonetisation

Despite the impetus provided by demonetisation, Indian banks remain way behind the curve in tempting customers away from the bank branch to digital channels.

03 July 2017

/regulation

Retail banks face extinction in digital world - Oracle research

Retail banks could be on the brink of extinction, claims a new report from Oracle which says that three quarters lack suitable technology to complete the path to a digital world, leaving them vulnerable to new fintech competitors.

14 May 2015

/wealth

Challenger bank Hampden & Co outsources core banking provision to Oracle

Hampden & Co, a new UK private bank scheduled to open in the first quarter of 2015, is to use a cloud-based version of Oracle Flexcube as it digital banking platform.

14 January 2015

/retail

AIB settles with Oracle over bungled Flexcube implementation

AIB has reached an out-of-court settlement with Oracle over a bungled core banking implementation that the Irish bank claimed had cost it EUR84 million in "wasted expenditure".

25 November 2011

/retail

From 'tap and go' to 'tap and hold': Mobile NFC found lagging

Mobile phones embedded with Near Field Communication (NFC) technology may be too slow to pass muster at the retail point of sale, according to experiments carried out by Oracle.

19 April 2011

/retail

AIB claims EUR84m over bungled Flexcube deployment

Allied Irish Bank (AIB) has begun court proceedings against Oracle Financial Services Software, claiming nearly EUR84 million over a bungled Flexcube implementation, according to broadcaster RTE.

31 January 2011

/retail

Third of Emea banks have no Gen Y strategy - survey

Despite the growing economic importance of Generation Y customers, nearly a third of banks in Europe the Middle East and Africa have yet to establish an active, dedicated strategy for marketing to and serving them, according to research from Oracle Financial Services and Efma.

29 September 2010

/retail

Banking cloud consortium to take on 'legacy tech' vendors

Commonwealth Bank of Australia is recruiting international banks to an alliance designed to break the hegemony of computer giants such as IBM, Microsoft, HP and Oracle and lead a move to a shared tech infrastructure based on cloud computing.

29 April 2010

/retail

International Bank of Azerbaijan rolls out Oracle Flexcube

International Bank of Azerbaijan has gone live with Oracle's Flexcube core banking package, which replaces the Misys Midas system.

14 July 2009

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