Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices.
Core banking systems typically include deposit, loan and credit-processing capabilities, with interfaces to general ledger systems and reporting tools.
Open source Technology in core banking solution or software can help banks to maintain their productivity and profitability at the same time.
Below are some of the Core Banking Software's in market:
- CRMNEXT.
- Fisa Group.
- Finastra
- Turnkey Lender
- Q2eBanking
- nCino
- Temenos
