J.P. Morgan Payments and Oracle enhance existing cloud enterprise resource planning (ERP) integration with new solutions across Oracle platforms.

J.P. Morgan Payments today announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce.

Since 2021, J.P. Morgan Payments and Oracle have been partnering to provide mutual corporate clients enhanced functionality and easier connectivity. These new integrations build on the success of J.P. Morgan Payments’ Banking Services integration into Oracle Fusion Cloud Enterprise Resource Planning (ERP), which was announced at Oracle CloudWorld 2022 and delivers a first-of- its-kind solution with turnkey connectivity for reporting and payments.

“We’re thrilled to expand our Oracle partnership with new integrations that enhance functionality and streamline operations for our clients,” said Hubert J.P. Jolly, Head of Digital & Design at J.P. Morgan Payments. “Combining Oracle’s technology with our secure ecosystem empowers clients to create integrated payment experiences and accelerate business growth.”

Details about the new integrations will be available through the J.P. Morgan Payments Partner Network, which combines J.P. Morgan Payments’ solutions with third-party integrations to help clients build, implement and optimize their payment strategies. Clients leveraging these integrations are able to go live quicker, with little to no IT lift, and are able to access J.P. Morgan Payments offerings directly from Oracle Cloud applications.

“By embedding turnkey bank connectivity, payments and working capital options within our AI-driven Oracle Fusion Cloud ERP, we’re delivering continuous innovation that matters to our customers,” said Rondy Ng, Executive Vice President of Applications Development at Oracle. “The J.P. Morgan and Oracle partnership enables our mutual clients to achieve touchless transactions, gain cash insights, and connect actions across finance and the business.”

J.P. Morgan Payments and Oracle plan to introduce additional product integrations over time in response to evolving trends and client demand.