Preface

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

Acronyms and Abbreviations

This abbreviations used in this guide are as follows:

Table - Abbreviations

Term Description
API Application Programming Interface
ATM Automated Teller Machine
ECA Export Credit Agency
FIDM Financial Institution Data Match (Child Support Payments)
KYC Know Your Customer
LOV List of Values
POD Payable on Death
SMB Small and Medium Business
SSN Social Security Number
UI User Interface

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.