1.1 Release Highlights

This release delivers enhancements across charges and pricing, factoring and FCI messaging, receivables and payables processing, Open Account Direct transactions, account maintenance, inquiry capabilities, and SWIFT 2026 readiness. Key highlights include deferred-charge processing, FCI Message 11, 15, and 18 support, Open Account Direct processing with AML integration, portal account onboarding, finance currency and amount capture, and simulation APIs.

The scope of the current Oracle® Banking Supply Chain Finance release is to deliver the following enhancements:

Functional features

  • Waiver and Override of Penalty on Interest and Principal
  • Deferred Charges
  • Full & Partial Liquidation of Deferred Charges
  • Online Charges for Invoice Transactions
  • Online Charges for Purchase Order Transactions
  • Accounting Support for Charge Collection, Deferral, Liquidation, and Reversal
  • Enhanced Charge Calculation Basis for Invoices and Purchase Orders
  • Interest Collection on a Specified Date
  • Rate Revision on a Specified Date
  • Holiday Treatment Configuration in Interest Decisioning
  • Tax on Interest and Penalty Components through Charges
  • External Payment Support for Credit-Type Invoice and Purchase Order Charges
  • External Account Mapping Enhancements for SWIFT Messages
  • Configurable Consolidation of GL and CASA Accounting Entries
  • Support for Multiple Accounting Systems
  • Reversal Account Posting During Reconciliation, Post Assignment
  • Configurable Bunching Parameters for Financing
  • FCI Message 11 – Payment Processing and Reconciliation
  • FCI Message 15 – Dispute Correspondence and Settlement
  • Manage Dispute and Dispute Workflow Enhancements
  • FCI Message 18 – Remittance Confirmation and Reconciliation
  • Machine Learning-Based Invoice Anomaly Detection
  • Adoption of Checklists Across Supply Chain Finance Transactions Workflows
  • Transaction Advices for Finance and Receivables Workflows
  • Multilingual Input Validation
  • Finance Initiation Enhancements for Invoice and Purchase Order Financing
  • Structured and Hybrid Party Address Support Across Supply Chain Finance and Receivables
  • Open Account Direct Payment with Financing
  • Inquiry Enhancements
  • Configurable AML Compliance Screening for Finance and Open Account Direct Transactions
  • Workflow Audit Date and Timestamp Enhancements
  • Consolidation of ODT and OBMA End-of-Day Flows

Technical Changes

  • Platform Modernization
  • Security Adoption
  • SQLCL Adoption
  • Resiliency Parameters – Adding JVM arguments for Services

Integrations

  • Oracle Banking Digital Experience
    • Service API Enhancements
  • Accounting Integration with Multiple Accounting Systems
  • ELCM API Versioning Adoption
  • AML Screening Integration for Finance and Open Account Direct Transactions