This topic lists the highlights of release enhancements.

The rationale for the product release of Oracle® Banking Origination Release 14.7.4.0.0 is to further enhance the origination features of the existing products supported such as Savings Accounts, Current Accounts, Term Deposits, Credit Cards and Loans and help improve the competitiveness of our product in the market.

Following are the features included in the release along with forward porting of applicable fixes related to the incidences reported in previous versions and technical qualification to comply with approved Tech Stack.

• Ability to perform an early Know Your Customer for minor customer
• Ability to capture the account level address for Loan Accounts
• Simplified Process is introduced for Term Deposit Accounts
• Enhancement in Term Deposit account opening process
• Simplified Process is introduced for Personal Loan Accounts
• Ability to handle frequency and multi-currency while capturing financial details of applicants
• Loan Disbursement related enhancement
• Loan Repayment related enhancement
• Ability to integrate with Equifax for credit score using Bureau Integration Services
• New configuration and setup to generate Advices based on pre-defined events
• Ability to generate, dispatch and accept the Outbound Document for Deposits and Loans Applications
• Ability to maintain the Outbound Document Templates, Events and Rules
• Ability to search the unique ID and display the column name based on the localization
• Application Tracker enhancements