|By Business Wire||
|January 16, 2013 11:48 AM EST||
Higher One, a leader in providing financial services and data analytics to over 1,250 college and university campuses across the U.S., today announced it has achieved Oracle Validated Integration of its OneDisburse Refund Management funds disbursement service with Oracle’s PeopleSoft Campus Solutions 9.0. Higher One, a Gold level member of Oracle® PartnerNetwork (OPN), provides OneDisburse Refund Management funds disbursement service to more than 600 campuses across the country.
Higher One’s proprietary service handles financial aid disbursements as well as related financial bookkeeping on behalf of the college or university administration. For the institution, this service cuts down on the time and cost involved in issuing paper checks and allows the business office to focus on other student needs. For students, this service provides access to faster and more convenient ways to receive a refund—and always at no cost.
To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
“We are especially pleased to achieve Oracle Validated Integration with Oracle’s PeopleSoft Campus Solutions for financial aid refund management systems in the higher education market,” said Miles Lasater, COO and co-founder of Higher One. “This proven integration gives our clients that extra assurance that, through Higher One, financial aid refunds will occur virtually seamlessly while offering students safe, electronic choices with ongoing support.”
“Oracle Validated Integration applies a rigorous technical review and test process,” said Kevin O’Brien, senior director, ISV and SaaS Strategy, Oracle. “Achieving Oracle Validated Integration through Oracle PartnerNetwork gives our customers confidence that the integration between the OneDisburse Refund Management funds disbursement service and Oracle’s PeopleSoft Campus Solutions 9.0 has been validated and that the products work together as designed. This helps reduce risk and improves the implementation cycles for our customers.”
About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions have been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. Partners who have successfully completed the program are authorized to use the “Oracle Validated Integration” logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/us/partnerships/solutions/index.html.
About Higher One
Higher One Holdings, Inc. (NYSE: ONE) is a leading company focused on creating cost-saving efficiencies for higher education institutions and providing high-value services to students. Higher One offers a wide array of technological services on campus, ranging from streamlining the institution’s performance analytics and financial aid refund processes to offering students innovative banking services, tuition payment plans, and the basics of financial management. Higher One works closely with colleges and universities to allocate resources more efficiently in order to provide a higher quality of service and education to students.
Founded in 2000 on a college campus by college students, Higher One now serves more than half of the higher education market, providing its services to over 1,250 campuses and 10.8 million students at distinguished public and private institutions nationwide. More information about Higher One can be found at HigherOne.com.
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