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Re: hardlesson post# 56392

Wednesday, 10/19/2022 2:16:42 PM

Wednesday, October 19, 2022 2:16:42 PM

Post# of 58649
Oracle is making a move of sorts in the Trade finance industry which correlates with the software currently held by Vesl Pte LTD in Philippines and Singapore. Mind you the company has a B2B software that would be appetizing to Oracle. Today they announced a deal with Fed Ex and Chase Bank on their new "B2B software". They already announced a deal with HSBC bank a few months back. Looks as if they are making moves here. I am still somewhat convinced that we are headed in this direction but there is no "silver bullet" just a tremendous amount of circumstantial evidence. I see oracle wanting to make this division public. They are also slow on the roll as they just acquired Cerner for a sizable amount. I see trade finance as their next project.

https://www.pymnts.com/news/b2b-payments/2022/oracle-b2b-commerce-to-provide-integrations-with-jpmorgan-fedex/