1 New Features

This topic explains functional features that are enhanced or added in this release.

Oracle Banking Collections is designed to assist financial institutions with managing the repayment of their consumer outstanding or past due debts. The solution helps in accurate tracking and monitoring of delinquent accounts with high standards of efficiency.

The key features developed as part of Oracle Banking Collections 14.8.0.0.0 release are:

Note:

Oracle Banking Collections is integrated with FLEXCUBE 14.7.0.0.0 (Retail Loan CL Module), 14.7.2.0.0 (Islamic Finance CI Module) and 14.8.0.0.0 (Overdraft Module) Release. The interface is file based and covers receiving new delinquent account data along with supporting entities, such as Party and Collateral information. Also, it covers the updates on these entities from FLEXCUBE.

• Settlement Processing
  This topic describes the systematic instructions to Settlement Processing.
• Agency Assignment
  This topic describes the systematic instructions to Agency Assignment.
• Dialer Extract
  This topic describes the systematic instructions to Dialer Extract.
• Data Exchange Service
  This topic describes the systematic instructions to Data Exchange Service.
• Feature Enhancements
  This topic explains Feature Enhancements that are enhanced or added in this release.