Decoding the Buzz: The Evolution of Virtual Accounts. And Why Now?

Virtual Accounts are not a new concept, but they have become the recent buzzword in banking. And today, every bank has their own interpretation of what they are, and how they can capitalize on them.

So, what exactly are Virtual Accounts? And how have they evolved over time to improve reconciliation and cash liquidity management – both of which are cornerstones of a well-oiled Treasury machine? What are some of today’s more progressive uses of Virtual Accounts?

Go beyond the buzzword, as we answer these questions and more. In this webinar, Oracle Financial Services partners with AITE to examine:

Virtual Account Management (VAM) and its evolution to today.
How self-service functionality, open-banking and real-time payments have enriched the applications of VAM.
An old vs. new look at the use cases of VAM.
A look forward: coupling enhanced data and predictive analytics for better clarity and control.