Latest Oracle Corporation News: Finextra Research

Oracle to buy GoldenGate

Oracle has agreed a deal to buy GoldenGate, a provider of real-time data integration software that counts Bank of America and VocaLink among its customers. Financial terms were not disclosed.

24 July 2009

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Online ID interoperability initiative launched

A new initiative has been launched by a group of tech firms, including Oracle and PayPal, to promote interoperability among identity verification applications and services for Internet users.

19 June 2009

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Big likely to get bigger in consolidating core banking market

Oracle and Temenos are set to continue their dominance of the core banking technology market as smaller rivals fall by the wayside and banks take a cautious approach to vendor selection in a consolidating market, according to a new study by Forrester Consulting.

27 May 2009

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Oracle to buy Sun Microsystems for $7.4bn

Just weeks after takeover talks with IBM collapsed, Sun Microsystems has agreed a surprise $7.4 billion cash deal to be acquired by Oracle.

20 April 2009

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Good Fidessa results and Oracle buy-out rumours don't halt index slide

The Finextra50 Financial Technology Index closed last week down 5.6% to 54.16. Bucking the trend, Fidessa posted better than expected results, while India-listed Oracle FSS rose on buy-out rumours. But with Vasco Data Security and Morningstar both falling heavily after worse than expected results, and the banking sector taking fresh blows, it was a generally pessimistic week.

23 February 2009

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Bank of China contracts Yucheng to develop 1000-seat call centre with embedded CRM

Bank of China (BOC) has selected Yucheng Technologies to develop a $5 million, 1000 seat, call centre that will use customer relationship management technology from Oracle's Siebel unit.

11 December 2008

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ACI and Oracle FSS lead Finextra50 up 12.6%

ACI Worldwide and Oracle Financial Services Software led the bounce-back in the Finextra50 Financial Technology Index last week, each gaining more than 40%. The index closed up 12.6% to 54.89, but a number of companies, including Advent Software and Bravura Solutions, continued their recent slide.

03 November 2008

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NAB selects Oracle to manage IT overhaul

National Australia Bank (NAB) has recruited Oracle to manage the roll out of the first phase of a A$1 billion overhaul of its core banking operations.

06 August 2008

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JPMorgan Chase to deploy Oracle document capture software

US banking group JPMorgan Chase is implementing electronic document capture and management technology supplied by Oracle across its global operations.

29 July 2008

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Tech giants team on Internet ID cards

Google, Microsoft and PayPal are among a group of technology firms that are joining forces to promote the use of virtual online identity cards - rather than user names and passwords - for conducting transactions via the Web.

24 June 2008

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I-flex reports Flexcube contract

Indian fintech vendor i-flex says Punjab State Co-operative Bank (PSCB) is rolling out to its Flexcube core banking technology across 800 branches.

19 May 2008

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Oracle buys insurance software firm AdminServer

Oracle has acquired AdminServer, a Pennsylvania-based provider of insurance policy administration software. Financial terms of the deal were not disclosed.

15 May 2008

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