2.1 Case Creation for Delinquent Accounts
Oracle Banking Collections provides framework to accept delinquent accounts from various hosts across multiple products. Based on the delinquent accounts received, cases are created against the customer.
The following methods are supported to receive data of delinquent accounts from any host system:
- Through file interface
- Through online API calls
For any subsequent changes in the data, because of financial or non-financial transactions in accounts marked for collections, application facilitates to update the same using the above methods. This helps the collectors to take appropriate follow up action on the accounts based on latest information available.
Parent topic: Key Features