The company claims that the Oracle FLEXCUBE Multi-Channel Solution, with new versions of Oracle FLEXCUBE Direct Banking and Oracle FLEXCUBE Private Banking, would enable banks to offer complete portfolio view-based products and services on multiple direct channels, including mobile devices.
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The solution would also enable banks to introduce highly personalized offerings while reducing customer acquisition costs by offering a comprehensive range of products through a one-stop portal, claims the company.
Oracle’s FLEXCUBE Multi-Channel Solution, which supports banking operations across multiple countries, currencies and languages, would enable banks to leverage the new framework to become active participants in geo location-based mobile commerce.
Oracle also claims that its new solution would also address all aspects of online banking security and supports multifactor authentication, thus providing proactive real-time protection for businesses and their customers.
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