1.1.1 Retail Accounts (Current/Checking and Savings)
This topic contains the release highlights for Retail Accounts.
Generic Feature Enhancements
- Real-time publication of Business events through Oracle’s Events Delivery Platform, to facilitate Communication with Customers through Alerts through Communication Systems.
- Publish Business Events which occur during End of Day Processing to help the communication systems to send appropriate Notifications/Notices to the customer in the notice formats defined in communication systems.
Generic Feature Enhancements in Account Servicing
- Nominee/Beneficiary screen changes
- New screen is introduced for Account Closure
- New screen is introduced for Account Closure Inquiry
- New screen is introduced for Servicing Transaction Inquiry
- Task screen changes
- Multiple search criteria for Account Number search
- Auto and multi-level authorization.
US Geography Feature Enhancements
Regulatory Features:
- FDIC Compliance
- Tax Forms (1099) INT
- Backup Withholding Tax (BWHT)
US Geography Feature Enhancements in Account Servicing
- Courtesy Pay is displayed in the Overdraft Details widget of the Account 360 page
- Enhancement in Check Book Order screen
- Enhancement in Joint Holder Maintenance - Mode of Operation
- Enhancement in Joint holder maintenance - 'Single' mode of operation and other validations
- Customer Relationship Management - validations
- Multiple communication address maintenance in Account Address Update
- Memo Maintenance for Accounts
- Enhancement in Account Preferences screen
- Enhancement in Stop Check Payment screen
- Enhancement in Account Garnishment screen
For more information about the enhancements, refer to Retail Accounts (Current/checking and Savings).
Parent topic: Release Highlights