Oracle to launch 130 AI agents for FIs this spring

Oracle is deploying AI agents at breakneck speed to keep up with high demand from financial institutions, with the expectation of having 130 agents live by the end of May. The tech giant launched seven AI agents for the financial services industry on Feb. 3 to streamline FI operations, Sovan Shatpathy , senior vice president of product management and development at Oracle Financial Services, told FinAi News . [caption id="attachment_219705" align="alignright" width="300"] (Courtesy/Bloomberg)[/caption] The AI agents can perform multiple functions: Application tracking; Product brochure and development; Qualitative analysis, credit decisioning; Collector call summarization; and Call compliance check. In one example of agentic AI efficiency, Oracle’s anti-fraud AI agent, launched last year, can help FIs make their fraud and anti-money laundering (AML) processes 70% more efficient, Shatpathy said. Having 130 agents live, “will cut across multiple lines of banking like commercial, retail and wealth management,” Shatpathy said. The 2026 agentic launches The first set of agentic AI capabilities launched by Oracle will be focused on retail banking, Shatpathy said. As this segment is highly business-to-consumer-focused and competitive, Oracle is looking to support its clients in gaining market share while reducing operational costs, he added. In 2026, Oracle will focus on providing new agentic AI capabilities to for commercial and corporate banking clients, which represent a major apportion of bank revenue, he said. Some of these agentic capabilities, Shatpathy said, include: Cash flow forecasting and analysis; Treasury management; Corporate lending; Trade finance; and Supply chain finance. “The retail pie will be probably like 30% of Oracle’s 130 agents that will be live by May,” Shatpathy said. “FIs can pick and choose what agents they want to deploy and build custom processes or risk tolerance within them.” While the agentic AI capabilities are rolling out only for FIs on the Oracle Cloud infrastructure, the company aims to eventually expand its offerings to other cloud providers or wherever its banking clients run operations, he said. Notable Oracle partners include: $2.4 trillion Bank of America ; $3.2 trillion HSBC ; $2.2 trillion Banco Santander ; and $1.6 trillion Deutsche Bank . Register here for the inaugural FinAi Banking Summit, taking place March 2-3 in Denver. View the full event agenda here .

Oracle to launch 130 AI agents for FIs this spring

Tech giant says it anti-fraud AI agent speeds processes by 70%

Bell Bank, Provident Bank hone AI strategies

Auto fintech investment tops $2.6B (Under the Hood)

Related Posts

Huntington Bank’s 1866 Studio agents help entrepreneurs incorporate businesses

Santander taps Nvidia AI to cut costs, improve performance

Consumer banking exec leaves Truist amid management shakeup

Auto fintech investment tops $2.6B (Under the Hood)

EMERGING FINTECH DIRECTORY

FinAi Podcast

SPONSORED

The Next Generation of Cyberthreats: Powered by AI

Build an Antifragile Strategy to Outperform the Market

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

Connect

Welcome Back!

Retrieve your password

Continue Reading with FinAi News Premium - Less than $2/Day

Oracle to launch 130 AI agents for FIs this spring

Tech giant says it anti-fraud AI agent speeds processes by 70%

Bell Bank, Provident Bank hone AI strategies

Auto fintech investment tops $2.6B (Under the Hood)

Related Posts

FinAi Podcast

Connect

Welcome Back!

Retrieve your password

Unlock This Article

Continue Reading with FinAi News Premium - Less than $2/Day