On Wednesday, Oracle Corporation (NYSE:ORCL) stated that Oracle Financial Services is enhancing its Investigation Hub Cloud Service with AI agents and agentic workflows to automate financial crime investigations.
Oracle Financial Services provides AI agents that uncover key insights, gather evidence, recommend actions, and generate detailed alert narratives, while reducing manual effort.
These capabilities help financial institutions of all sizes streamline crime and case management and are available globally.
Jason Somrak, head of financial crime product strategy, Oracle Financial Services said, “Our unique generative AI approach follows investigative plans, collects evidence, and recommends actions while providing investigators with robust narratives documenting the findings.”
”This enables firms to drive consistency in decision making and thoroughly investigate all risks automatically while realizing massive operational efficiencies.”
Today, Oracle announced that Oracle Red Bull Racing is expanding its use of Oracle Cloud and AI technologies on and off the track as the team kicks off the 2025 Formula One season.
The 2025 F1 season begins March 14-16 with the Louis Vuitton Australian Grand Prix in Melbourne.
This week, the company reported third-quarter revenue of $14.13 billion, missing the consensus estimate of $14.39 billion and adjusted EPS of $1.47, missing analyst estimates of $1.49 per share.
Investors can gain exposure to the stock via Pacer Funds Pacer Data and Digital Revolution ETF (NYSE:TRFK) and iShares Expanded Tech-Software Sector ETF (BATS:IGV).
Price Action: ORCL shares are down 2.18% at $147.60 at the last check Thursday.
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