ALL >> Technology,-Gadget-and-Science >> View Article
What Is Core Banking Solution In Banking?

Banking is not an exception to the digital revolution. Over the past decade, the banking sector has experienced an immense change in the way it functions. The rapid evolution of modern technologies such as blockchain, cloud, Open APIs and Artificial Intelligence, has completely transformed the banking, Normals. Among those technologies, Finacle Core Banking Solution has contributed to a great extent for building the digital future of banks. It helps banks to reduce efforts to roll out products and improve customer experience.
The way banks have reached out to their customers has evolved over the years. From branches, call centers, automated teller machines to online and mobile banking, channels have been the fastest to evolve. Although the modes of reaching out are different, all these channels have one thing in common - they are all banks. own channels, i.e., channels provided by banks independently and purely, as part of providing banking service.
Finacle is a Core Banking Solution that enables banks with digital banking functionalities. The software product, written in Java, C/C++, was released in the year 1999 ...
... (Stable version released in 2000). Finacle is widely used by banks across 100 countries, serves over 1.05 billion customers and 1.3 billion accounts. It is the platform of choice for well-established financial institutions, financial technology organizations (Fintech), digital-only banks, and non-financial companies.
POWER YOUR DIGITAL STRATEGY WITH A ROBUST FOUNDATION
Built on advanced architecture, Finacle Core Banking Solution offers a comprehensive suite of capabilities to power your banks’ digital transformation. With Finacle Core Banking Solutions, your bank will gain a comprehensive set of capabilities, including flexible product factories, extensive parameterization, product bundling and reusable business components, to help accelerate innovation led growth. With its real-time processing engine, open APIs and embedded customer insights, Finacle delivers one of the most advanced digital banking foundations to engage demanding consumers.
Add Comment
Technology, Gadget and Science Articles
1. Aumovio Makes Successful Stock Market DebutAuthor: Lochan Kaushik
2. Scraping Starbucks Coffee Trend Data For Gen Z
Author: Den Rediant
3. How A Bldc Fan With Light Enhances Home Décor And Functionality?
Author: Vikash Sharma
4. Uv Laser Marking Machine For Glass Wine Glasses
Author: Kate Green
5. Web Scraping Shopee Data For E-commerce Insights
Author: REAL DATA API
6. React.js State: A Complete Guide
Author: jatin
7. Manage Sales & Leasing With Our Advanced Real Estate Erp
Author: Focus Softnet
8. Shopee Data Scraping For Effective Business Growth Strategy
Author: Retail Scrape
9. Magicbricks And 99acres Data Scraping
Author: Actowiz Solutions
10. Real-time Shopee Product Data Scraping For Market Research
Author: REAL DATA API
11. Roi Of Professional Avatar Development: Why Quality Matters In The Metaverse
Author: LBM Solution
12. How Can Humanizing Ai Improve The Lives Of The Elderly?
Author: ada red
13. Edge Security Market Share Analysis By Offering Type
Author: Shreya
14. Scraping Real-time Grocery Prices Across Usa Platforms
Author: Den Rediant
15. Mongodb Aggregation Pipeline Optimization Guide For Mern Stack
Author: Mukesh Ram