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. How To Create Viral Content For Social Media GrowthAuthor: jatin
2. The Ultimate Guide To React Developer Tools
Author: goodcoders
3. How To Check Your Hdd Warranty And Recover Lost Data?
Author: Stellar India
4. Delivering Excellence In Software Testing And Quality Assurance
Author: ideyaLabs
5. Implementing Real-time Tracking And Notifications In Taxi Booking Apps
Author: Simon Harris
6. Web Scraping Americano Vs Coffee Data Insights
Author: Food Data Scrape
7. Web Scraping Car Rental Data For Market Trends 2025
Author: travel
8. What Is Stopping You From Availing The Virtual Answering Service?
Author: Eliza Garran
9. Common Challenges That You Will Encounter When Hiring A Website Developing Company!
Author: Liam Mackie
10. Hire Ecommerce Website Designers To Design Your Business Website
Author: Liam Mackie
11. Discover The Power Of Virtual Receptionists In Brief
Author: Eliza Garran
12. Revolutionizing Field Work: The Ultimate Guide To Oem India Brush Cutters
Author: Satyam Sagar
13. Switch To Touchless Ordering With Qr Table In Odoo
Author: Tina Sharma
14. Quanta Vrla Battery Dealer In Delhi – Best Prices And Genuine Products
Author: radiant
15. Focus On Growth While We Manage Your Workforce In India: Remunance Delivers
Author: Rishi Singh