New Version of Oracle Flexicube Boosts Banking

July 6, 2012

An article at 4-Traders reveals, “Oracle Corporation: Oracle Introduces Oracle FLEXCUBE 12.0 to Help Banks Meet the Needs of Gen Y Customers.” We are not sure what the banking needs of a Gen Y customer is. Isn’t unemployment in the double digits for this cohort? Actually, it seems the headline is using the phrase simply to mean bringing banks’ user interface technology up to date. Well, okay. The press release reports:

“New online capabilities provide spend analysis, alerts and reminders across portfolios and interactions, empowering customers to track expenses and investments and giving them greater control over their finances. Oracle FLEXCUBE 12.0 offers enhanced mobile banking capabilities with new versions of applications for the iPhone, iPad, and Java ME devices. Banks can now use Oracle FLEXCUBE to provide customers with real-time offers and coupons based on location for a more personalized experience.”

So, not Gen Y so much as anyone who banks online. On the bankers’ side, FLEXICUBE 12.0 boasts role-based dashboards, a more inclusive customer-interaction view, and built-in interaction with Oracle ATG Web Commerce and Oracle Real-Time Decisions. It also provides open development tools for creating and modifying the user interface, business logic, and integrations. This includes the Oracle FLEXCUBE Development Workbench for Mobile and Direct Banking, which helps with deploying functionality across platforms, including mobile devices.

Cynthia Murrell, July 6, 2012

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