Preface

• Purpose
  
• Audience
  
• Documentation Accessibility
  
• Diversity and Inclusion
  
• Acronyms and Abbreviations
  
• Related Documents
  
• Conventions
  

Purpose

The purpose of this Release Notes is to highlight the various features in Oracle Banking Accounts Cloud Service.

Oracle Banking Accounts Cloud Service is built on a highly scalable, cloud native architecture capable of high concurrent transaction processing with enhanced controls and minimal risks. The offering enables banks to handle massive transactional volumes thereby providing the industry's highest TPS (Transaction per second) per CPU that scales linearly.

Oracle Banking Accounts Cloud Service allows for highly configurable process automation and workflow. Real-time insights, intuitive dashboards and simple enquiry screens facilitate tracking and maintaining a 360-degree view of the account operations.

Audience

This guide is intended for the following audience:

• Customers
• Partners

Documentation Accessibility

For information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.

Diversity and Inclusion

Oracle is fully committed to diversity and inclusion. Oracle respects and values having a diverse workforce that increases thought leadership and innovation. As part of our initiative to build a more inclusive culture that positively impacts our employees, customers, and partners, we are working to remove insensitive terms from our products and documentation. We are also mindful of the necessity to maintain compatibility with our customers' existing technologies and the need to ensure continuity of service as Oracle's offerings and industry standards evolve. Because of these technical constraints, our effort to remove insensitive terms is ongoing and will take time and external cooperation.

Acronyms and Abbreviations

This abbreviations used in this guide are as follows:

Table - Abbreviations

Term	Description
OBACS	Oracle Banking Accounts Cloud Service
AUF	Advance against uncleared funds
DDA	Demand Deposit Account
TOD	Temporary Overdraft
CPL	Courtesy Pay Limit
APY	Annual Percentage Yield
APYE	Annual Percentage Yield Earned
OBO	Oracle Banking Origination
OFAC	Office of Foreign Assets Control
FIDM	Financial Institution Data Match (Child Support Payments)
NCP	Non-Custodial Parent
BSA-CDD	Banking Secrecy Act – Customer Due Diligence
TD	Term Deposit
ATM	Automated Teller Machine
POS	Point of Sale

Related Documents

For more information, refer to the following documents:

• Account Configurations User Guide
• Corporate Accounts User Guide
• Nostro Reconciliation User Guide
• Retail Accounts User Guide
• Retail Deposits User Guide
• Teller User Guide

Conventions

The following text conventions are used in this document:

Convention	Meaning
boldface	Boldface type indicates graphical user interface elements associated with an action, or terms defined in text or the glossary.
italic	Italic type indicates book titles, emphasis, or placeholder variables for which you supply particular values.
monospace	Monospace type indicates commands within a paragraph, URLs, code in examples, text that appears on the screen, or text that you enter.