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This Crypto Subsector Coming for Banks and Fintech, Says Chainlink Founder Sergey Nazarov

CTOvision

The CEO of Chainlink Labs Sergey Nazarov is saying the nascent decentralized finance (DeFi) space could emerge as a primary competitor of banks and financial technology (fintech) firms.

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO Business Intelligence

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 119
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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

Cloud services and sales of SaaS applications boosted Oracle revenue for its last fiscal quarter, but the price of keeping up with the leading hyperscale cloud providers dragged down overall profit. Oracle’s user base grows. Oracle did have results to brag about, in terms of growing its cloud user base. Ellison said.

Oracle 105
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NetSuite ERP gets account reconciliation feature from Oracle Fusion Cloud EPM

CIO Business Intelligence

Oracle NetSuite on Wednesday said it is adding a new account reconciliation feature to its enterprise resource planning (ERP) suite, dubbed NetSuite ERP. Earlier this year, Oracle extended its MyLearn program , offered via the company’s University portal, to cover its NetSuite midmarket ERP products.

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Oracle to boost cloud investments after a strong quarter

CIO Business Intelligence

The demand for cloud infrastructure combined with the rise in sales of SaaS services boosted Oracle’s fourth quarter revenue for fiscal year 2022, but the acquisition of healthcare tech company Cerner has chalked up a debt of $15.8 Riding on the tailwinds of its previous quarter , Oracle reported total revenue of $11.8

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What Oracle’s cloud expansion means for businesses in the Middle East

CIO Business Intelligence

To meet the rapidly growing demand for its cloud services, Oracle has announced plans to open a third public cloud region in Saudi Arabia. billion USD investment from Oracle to expand cloud infrastructure capabilities in the Kingdom. Oracle will also expand the capacity of the Jeddah region, which opened in 2020.

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Citigroup’s CIO Discovers That The User Interface Really Does Matter

The Accidental Successful CIO

They were using a financial software product called Flexcube , which is offered by a subsidiary of Oracle Corp. As you might well imagine, Oracle is not taking this kind of criticism lightly. In the ensuing legal action as Citi tried to recoup the money, the bank shared images from its software. The Heart Of The Problem.

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