New Oracle Cloud Service Helps Banks Quickly Identify Financial Crime Risk

Oracle today announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can gain a holistic, centralized view of their FCCM efforts, enabling them to identify potential issues faster and, proactively manage risk to thwart criminal activity and reduce compliance costs. With its granular reporting capabilities, the system also helps banks demonstrate effective FCCM efforts to…