Oracle Financial Services’ Post

Join us at the Oracle Stand L-02 for insights into- Payments and Transaction Banking transformation and the impact of Cloud and GenAI Large Language models on them. Don’t miss this. #sibos2023 #transactionbanking #cohere #oraclecloud #oraclebanking

A recent report from Accenture sees up to $89BN in global payment revenues being at risk over the coming three years among #banks that are slow to offer next generation payments options. Ahead of #Sibos2023, Mick Fennell, Temenos Business Line Director, #Payments, explores the combination of factors that are triggering organizations to initiate much-needed transformation journeys and details the economic and social benefits that can result. Read the blog here: https://lnkd.in/dqUfZQny

🤔 How fast can banks react to new regulations? #AllianzBankBulgaria took the right path by contacting its IT partner #Infopulse to help them address the European Commission’s challenge! Together they developed and rolled out an #InstantPayment solution in just one month! Not only was it custom-made breaking through some #OracleFLEXCUBE limitations, but also had a retry function and the ability to process customers’ payments 24/7.  Read more in a dedicated case study 👉 https://bit.ly/40Pe2Zj

It's a new year, and time to unlock your efficiency advantage with a BPS C2-4 compact currency discriminator from Giesecke+Devrient. Our banking customers appreciate the many features of this solution, including:   ✔️ Compact footprint ✔️ Speed - Fastest sorter in its class at 1,050 BPM ✔️ Best-in-class sensor technology ✔️ Dynamic sorting, which eliminates the need to dedicate a pocket to only one denomination ✔️ Customization - Over 100 standard sort modes ✔️ One-touch operation ✔️ Common software – for BPS C2 and C5 family ✔️ Rapid installation within 4-6 weeks   Message me to learn more or schedule a demo! #cash #efficency #BPSC2

Recently, we have briefly presented what SEPA and CENTROlink are. Now, let's look at the pros and cons of implementing SEPA via CENTROlink👇 Pros: ✔️ Speed. CENTROlink is a real-time payment system, which means that payments are processed and settled immediately.  ✔️ Security. The system uses the latest security technologies to protect customer data. This is important for businesses that need to maintain the trust of their customers. ✔️ Cost-effectiveness. CENTROlink's fees are very competitive, especially for SEPA payments. Cons: ❌ Complexity. Implementing SEPA via CENTROlink can be complex. Businesses need to integrate payment system with their existing systems and processes. This can be a time-consuming and expensive process, especially for small businesses. ❌ Compatibility. CENTROlink may not be compatible with all existing business systems. This means that you may need to upgrade or modify your systems. #SEPA #EnjoyIT #BalticAmadeus

🔗🚀 Integration made easy with MX Payment™! 🚀🔗 Financial products and services can be lengthy to develop. The #innovation process normally takes time, the integration, on the other hand, could be fast-paced with M2M Group! With an #agile, service-oriented architecture, MX Payment™ #technology can be easily integrated into existing environments ensuring speed, efficiency, and a seamless journey toward success in a few steps: 1️⃣ Analysis and Design: we define together the technical functions and requirements for your business. 2️⃣ Customization and Integration: we run tests and training to ensure a perfect fit with your existing systems. 3️⃣ Data Migration: we deploy the solution with your data set, then we're ready to go live! #MX Payment™ is designed for smooth integration with different #Servers, #OperatingSystems, and #CoreBanking Software such as Misys, Infosys Finacle, Sopra Banking Software, and Temenos to name a few! 💻🔄 Ready to revolutionize your #PaymentSystem? Let's talk about integrating #MXPayment™ into your #FinancialInstitution. Ｒｅａｃｈ ｏｕｔ ｔｏ ｕｓ ｎｏｗ！ [email protected] 📧 #IntegrationMadeEasy #AgileArchitecture #PaymentTechnology #bans #fintech #africabanks #fintechafrica #africafinance

📢 Building a secure and resilient Bacs process is critical to your business. Just as important is finding the right payment solution provider. Whether you’re a large corporation handling millions of transactions or a small business managing payments and Direct Debits, Finastra Bacsactive-IP has you covered. 🔑 Key features: ─ Send and manage credit and debit payments securely, with 24/7 access to a full range of Bacs and Faster Payments services ─ Customize your Bacs solution with optional modules, such as Confirmation of Payee, Open API and Direct Debit compliance ─ Go smartcard-free, adding flexibility and portability to your Bacs business while still maintaining security 💡Learn more: https://okt.to/2TtRHJ #Finastra #Bacs #BacsBureau #BacsPayments #ConfirmationofPayee

This new report from PYMNTS Intelligence finds embedded payments are now table stakes for software companies. For more download The Rise of Embedded Payments, our collaboration w/ Fiserv: https://lnkd.in/eSQbwhMx