The document discusses several core banking solutions including Finacle, TCS BaNCS, and FLEXCUBE. Finacle is a core banking product developed by Infosys that is used by over 450 million customers in 84 countries. TCS BaNCS automates all aspects of banking operations. FLEXCUBE is a universal banking solution from Oracle that offers core banking, retail banking, and direct banking modules. The solutions provide benefits such as centralized processing, multi-channel access, scalability, and cost reduction.
This presentation is about technology internet banking or net banking which is very essential and helpful in our daily life..so in this ppt basic and some advance concepts are highlighted. i am sure this will be very much help full for u
“Digital” is the new buzz word in the banking sector, with banks all around the globe hopping onto the digital bandwagon. Banks of all sizes are making sizeable investments in digital initiatives in order to maintain a competitive edge. Vijaya Bank shows us what are the benefits of the digital banking.
This presentation is about technology internet banking or net banking which is very essential and helpful in our daily life..so in this ppt basic and some advance concepts are highlighted. i am sure this will be very much help full for u
“Digital” is the new buzz word in the banking sector, with banks all around the globe hopping onto the digital bandwagon. Banks of all sizes are making sizeable investments in digital initiatives in order to maintain a competitive edge. Vijaya Bank shows us what are the benefits of the digital banking.
Delivery Channels and Inter Bank Payment System, E-Payments, Types of Electronic Fund Transfer system, Real Time Gross Settlement,National Electronics Funds Transfer ,Immediate Payment Service, Credit Card, Automatic Teller Machine, Smart Card, E-Money, E- Wallet, E-Cheque
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
Introducing CorkVSoft- Fintech. We are a joint venture between Cork Information Technology Bahrain and VSoft Corporation USA
Have a glimpse at our overview page to know about us or follow our linkedin / webpage to know about our offerings
Delivery Channels and Inter Bank Payment System, E-Payments, Types of Electronic Fund Transfer system, Real Time Gross Settlement,National Electronics Funds Transfer ,Immediate Payment Service, Credit Card, Automatic Teller Machine, Smart Card, E-Money, E- Wallet, E-Cheque
Overview of Digital Financial Services LandscapeJohn Owens
This presentation reviews the digital financial service landscape and is a primer for regulators and policy makers wishing to better understand current market developments.
Introducing CorkVSoft- Fintech. We are a joint venture between Cork Information Technology Bahrain and VSoft Corporation USA
Have a glimpse at our overview page to know about us or follow our linkedin / webpage to know about our offerings
Core Banking – Definition, Characteristics, and Benefits (1).pdfMaveric Systems
A back-end system that conducts daily banking transactions and posts updates to accounts and
other financial data is a core banking system. Core banking systems frequently have
connections to general ledger systems and reporting tools, as well as the ability to process
deposits, loans, and credit.
Learn how CRMNEXT enables banks like HDFC to transform their service and customer experience of financial products with intelligent and intuitive digital interfaces for all its customers and workforce.
Read More: https://www.crmnext.com/customers/hdfc_bank
Principles and Practices of Banking Module 5ARUNKUMAR7358
Banking Technology
Concept of universal banking
Home banking
ATM’s
Internet banking
Mobile banking
Core banking solutions
Debit, credit and smart cards
Electronic payment system
MICR
Cheque truncation
ECS
EFT
NEFT
RTGS
Books referred - Dr.Nirmala Prasad, K. Chandrasass j (Banking and financial system)& Mithani, Gordan (Banking and financial systems)
Temenos is the industry’s top supplier of banking software systems to community and retail banks as well as corporate, universal, private, and Islamic banks. A popular core banking system offers institutions in over 120 countries, ranging from local community banks to large retail banks with over 15 million accounts, a technologically cutting-edge, SOA-based front-to-back platform.
Online Banking Management System – Its Scope and the Technology Used.Techugo
The banking system allows banks to keep track of a few records. Therefore, a bank management software program is needed to simplify the process. For example, maintaining currency and international values is part of the job. Online Bank management systems must also act as currency distributors and serve the nation’s welfare.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
1. Krati Dadheech & Gaurav Bhatia
Sardar Patel University of Police, Security & Criminal Justice, Jodhpur
2. Core Banking is a banking services provided by a group of networked bank
branches where a customers may access their bank account and perform basic
transactions from any of the member branch offices.
For the bank which implements CBS , the customer becomes the bank’s customer
instead of customer of particular branch.
Execution of Core banking system across all branches helps to speed up most of
the common transactions of bank and customer.
In Core banking , the all branches access banking applications from centralized
server which is hosted in secured datacenter.
Quicker services at the bank counters for routine transactions like cash deposits,
withdrawal, passbooks, statement of accounts, demand drafts etc.
3. The platform where communication technology and information technology are
merged to suit core needs of banking is known as Core Banking Solutions (CBS).
These technologies have cut down time, working simultaneously on different issues
and increasing efficiency.
Computer software is developed to perform core operations of banking like
recording of transactions, passbook maintenance, interest calculations on loans and
deposits, customer records, balance of payments and withdrawal.
4.
5. Finacle is a core banking product developed by Indian corporation Infosys that
provides universal banking functionality to banks, designed on a completely web
based paradigm.
Finacle is used by banks across 84 countries that serve over 450 million customers.
The latest version of Finacle being used in bank is Finacle 10.
It is multi-lingual,multi-currency CRM enabled core banking solution.
It has multiple delivery channel support and the extensibility tool kit. Finacle is
fully multichannel alerts enabled and facilitates bank or customer defined event
triggered alerts to be delivered to the bank’s customers through their channel of
choice.
In a recent scalability test audited by Ernst and Young, Finacle also emerged as one
of the world’s most scalable core banking solution by achieving an unparalleled
performance of over 11,180 TPS (transactions per second) translating into 40
Million transactions per hour.
8. Its 24x7 availability feature ensures that the bank’s customers always stay in touch
with the bank.
It can help banks eliminate non-productive processes.
The unique extensibility tool kit allows banks to set and modify business rules
quickly and integrate with surround applications seamlessly, without touching the
source code which means that it can be handled by the bank’s own IT staff.
The scalability of Finacle’s core banking solution ensures lower total cost of
ownership to the bank.
9. BANCS automates every aspect of a bank’s operation–uniting front, middle and back
office processes in real time.
The latest branch automation and Internet banking solutions extend this functionality
24/7 to entire international branch networks and customer-facing interfaces.
BANCS has open architecture, which provides an unequalled level of integration,
flexibility and scalability across all platforms.
Other modules include Accounting (General Ledger) and Executive Information System
(EIS) components which leverage the completely integrated nature of the core solution
and its automatic data capture characteristics.
BANCS has been designed in a modular fashion around a common base which is both
platform and database independent. This means financial institutions can convert to
BANCS and add increased functionality in manageable increments without the hardware
and systems limitations of typical legacy systems and many contemporary offerings.
10. Customer relationship management.
Modular, parameter-controlled.
Scalable and high performance.
System Independence.
Ability to co-exist with other systems through APIs.
Multilingual and multi-currency.
13. FLEXCUBE Universal Banking is a real-time, online, wide approach to core banking
requirements around the world.
It offers a bundle of Universal Banking Suites including :
I. Banking Platform
II. FLEXCUBE Core Banking
III. FLEXCUBE Universal Banking
IV. FLEXCUBE Investor Servicing
V. FLEXCUBE Private Banking
VI. FLEXCUBE Direct Banking- Internet, Mobile, SMS and WAP
14. 24/7 processing of large transaction volumes, with high availability.
Multiple delivery channel support.
Security management covering application and role-based access.
Service-oriented architecture supports agile business process management.
Componentized architecture helps build scalable and reusable solutions.
Empower customers for self-service.
Enable up-selling and cross-selling through intelligent dashboards.
Drive higher fee Income with differentiated investment services.
Monitor, manage and regulate processes, compliance and reporting.
Deliver product.
15.
16. Driving product innovation.(Some banks have been able to define 1,500+ products
on FLEXCUBE)
Reducing costs (one customer reduced technology costs by 90 percent and
operational costs by 40 percent)
Facilitating rapid time-to-market through quick and easy implementation.
Ensuring rapid customer acquisition
A large bank acquired 1.5 million new customers in just 11 months with a new
service offering made possible by FLEXCUBE.