Core Banking is a back-end system that processes banking transactions across the various branches of a bank. The system focuses on empowering existing and probable customers to have greater accountability for their account transactions.
Core Insurance is a policy administration system that acts as the backbone of any insurer’s operations. It’s used to execute core policy management and processing including rating, quoting, issuance, endorsements, and renewals. It is the system of record for all policies that an insurance company has written.
A channel or medium in which customers will have access to all the services provided by the bank like money transfer, cash deposit, and cash withdrawal without going to a branch or having the need for a bank teller.
By using Point-of-Sale technology, Bank’s customers can make a cashless payment for retail services and goods anywhere
As risks multiply and change, businesses are finding that it’s no longer an option to just continue to do the same thing. Automation, Risk, and Compliance solutions provide integrated process and information architecture that enables an organization or business to identify, analyze, manage and monitor the ever-changing risks it faces.
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