Oracle Financial Services announced on September 29, 2025, at Sibos in Frankfurt that its Oracle Banking Payments solution has been validated as a Swift Compatible Application. This milestone assures financial institutions of Oracle’s compliance with Swift standards for payment security, interoperability, and regulatory requirements, while leveraging modern, AI-enabled payment messaging processing.
Oracle Banking Payments is built natively on the ISO 20022 framework, the global standard for high-value payments and cash reporting set to fully transition by November 2025. The subscription-based application processes multiple payment types and is continuously updated to align with scheme rulebooks and guidelines, ensuring a compliant, secure digital payment platform.
As the industry nears the end of the coexistence window for legacy MT formats, Oracle’s solution enables financial institutions to seamlessly migrate to MX formats while supporting remaining legacy systems. This ensures compliance with Swift deadlines, enhances transparency, and powers advanced analytics and anti-fraud capabilities.
“As the coexistence window for legacy MT formats nears its end, banks that haven’t modernized face increasing operational and customer risks,” said Sonny Singh, executive vice president and general manager, Oracle Financial Services. “Continually delivering Swift-validated applications reflects Oracle’s deep commitment to providing secure, standards-based solutions that empower financial institutions to meet the demands of a fast-evolving payments ecosystem.”
The adoption of ISO 20022 is critical for regulatory compliance and enabling real-time payments with superior customer experiences. Oracle’s Swift-validated solution facilitates rich data availability, precise reconciliations, efficient straight-through processing to minimize errors, and new digital banking innovations. By leveraging AI-driven intelligence, banks can enhance compliance, reduce fraud, and deliver data-driven, real-time payment solutions.
This announcement aligns with Finastra’s launch of the Intelligent Routing Module at Sibos 2025, which also emphasizes AI-driven payment efficiency, highlighting a broader industry trend toward modernized, intelligent payment systems.
As of September 26, 2025, Oracle (NYSE: ORCL) stock is priced at $170.76, reflecting a year-to-date increase from $140.55 in September 2024, with a market cap of $469.56 billion (see finance card above). Oracle’s strong performance underscores investor confidence in its cloud and financial services innovations, bolstered by partnerships like those with Brookhaven National Laboratory and IBM WatsonX, as seen in related announcements like Datavault AI’s strategic investment.
Oracle is showcasing its banking payments solutions at Sibos 2025, Frankfurt, from September 29 to October 2, at Exhibition Stand J007, Hall 3, Level 3.1. Visitors can explore how Oracle’s solutions drive payment modernization and compliance.
Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With integrated digital and data platforms, it empowers banks and insurers to deliver customer-centric transformation, support collaborative innovation, and drive efficiency. Its data and analytical platforms help financial institutions enhance customer insights, integrate risk and finance, combat financial crime, and comply with regulations. Learn more at https://www.oracle.com/financial-services.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.
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