19 September 2012 7:08am

Oracle is stepping up efforts to market a new core banking system developed in collaboration with National Australia Bank.

NAB's UBank brand is the first to use Oracle’s Banking Platform. UBank transferred to the system last month.

Suncorp is also preparing to replace its Hogan core with the Oracle software.

NAB group executive Gain Slater confirmed that the system will be the foundation for NAB’s "strategic banking transformation initiative".

The Oracle Banking Platform will, initially, handle deposits and loans, and origination and collection for personal...