Tag Archives: Core Banking

Core Banking and choosing the right solution

Imagine what banks looked like before 1970. Long queues and particularly long waiting period for just about any transaction was normal. People were customers of a branch and not really a parent bank. All transactions could be performed at your particular branch only. Any entry only reflected after more than 24 hours as information went… Read More »

 

Advantages of GIS Technology in Core Banking

A Group of networked bank branches providing core banking services to customers. So it provide facility to customers to make transactions and access their funds easily from any member branch bank office. Core banking is nothing but banking institutions conducting business with their retail and small business customers. Most of the banks treating core banking… Read More »

 

What exactly is Core Banking?

From the last 3-4 years, we are reading news like ‘XYZ bank deploys Core Banking Solutions ’,’ Bank ABC is implementing Core Banking System ’ etc.  But what exactly core banking is? Core Banking Solution (CBS) is the networking of bank branches, which allows customers to manage their accounts, and use various banking facilities from… Read More »