A new version of Java (Java 8 update 51) was released on 6/15/15. You may see a notification asking if you want to install Java. It is fine to proceed with that update.
As part of the update, you may see a prompt indicating you have older versions of Java on your system and asking if you want to remove them. If you are not aware of having applications that require a prior version of Java, it is fine to say yes and remove those. Banner does NOT require an older version of Java.