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Tuesday, September 1, 2026 · UTC
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Oracle Simphony integrates with Redeban for Colombian restaurant payments

Oracle Simphony POS integrates with Redeban payment network for Colombian restaurants.

TruthFoundry News Desk
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Stands on 8 placed sources from 2 publishers.
Oracle Simphony, a point-of-sale platform designed for the hospitality industry, has integrated with Redeban to process orders and payments through any Redeban terminal. [1] At the 2026 Asobancaria Banking Convention, Oracle reaffirmed its commitment to the Colombian banking sector by proposing a shift towards integrated, intelligent, and real-time banking operations. [2] Redeban is the only certified partner of Oracle Payment Interface that enables this specific function of processing orders and payments through its terminals. [3] The integration allows Redeban terminals to process both order intake and payment transactions for restaurants and food establishments. [4] According to the Superintendencia Financiera de Colombia, total assets of the Colombian financial system reached $3.545 trillion in 2025, equivalent to 191% of GDP, with a real annual growth of 4.8%. [5] Germán Borromei, president of Oracle Colombia and Ecuador, stated that the next transformation of banking is to connect the business by integrating data and artificial intelligence so that risk, profitability, payments, fraud, liquidity, and customer experience function as a single system. [6] Oracle presented four scenarios for banking transformation: operating and deciding in real-time using Oracle Banking Cloud Services (OBCS), converting intelligence into profitability via AI, protecting trust with real-time fraud detection, and preparing for new forms of moving value like tokenization. [7] Oracle Simphony allows managing multiple establishments from a single platform, handling orders, menus, pricing, promotions, inventory, and real-time performance analysis. [8]
What this stands on
  1. Oracle Simphony, a point-of-sale platform designed for the hospitality industry, has integrated with Redeban to process orders and payments through any Redeban terminal. · Diario La republica
  2. At the 2026 Asobancaria Banking Convention, Oracle reaffirmed its commitment to the Colombian banking sector by proposing a shift towards integrated, intelligent, and real-time banking operations. · Valora Analitik
  3. Redeban is the only certified partner of Oracle Payment Interface that enables this specific function of processing orders and payments through its terminals. · Diario La republica
  4. The integration allows Redeban terminals to process both order intake and payment transactions for restaurants and food establishments. · Diario La republica
  5. According to the Superintendencia Financiera de Colombia, total assets of the Colombian financial system reached $3.545 trillion in 2025, equivalent to 191% of GDP, with a real annual growth of 4.8%. · Valora Analitik
  6. Germán Borromei, president of Oracle Colombia and Ecuador, stated that the next transformation of banking is to connect the business by integrating data and artificial intelligence so that risk, profitability, payments, fraud, liquidity, and customer experience function as a single system. · Valora Analitik
  7. Oracle presented four scenarios for banking transformation: operating and deciding in real-time using Oracle Banking Cloud Services (OBCS), converting intelligence into profitability via AI, protecting trust with real-time fraud detection, and preparing for new forms of moving value like tokenization. · Valora Analitik
  8. Oracle Simphony allows managing multiple establishments from a single platform, handling orders, menus, pricing, promotions, inventory, and real-time performance analysis. · Diario La republica
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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