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    Core Banking System - PPSX

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    Mohit Jangra
    A core banking system (CBS) is centralized software that allows banks to provide services through various channels like branches, ATMs, online and mobile banking. It evolved due to changing customer expectations of instant access and seamless experiences, and regulatory needs for accurate reporting. Research found CBS improved customer convenience and operational efficiency, with real-time processing being the most crucial feature. CBS addresses customer and regulatory needs while enhancing efficiency.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Core Banking System - PPSX

    Uploaded by

    Mohit Jangra
    24 views5 pages
    A core banking system (CBS) is centralized software that allows banks to provide services through various channels like branches, ATMs, online and mobile banking. It evolved due to changing customer expectations of instant access and seamless experiences, and regulatory needs for accurate reporting. Research found CBS improved customer convenience and operational efficiency, with real-time processing being the most crucial feature. CBS addresses customer and regulatory needs while enhancing efficiency.

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    Core Banking System.ppsx

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    A core banking system (CBS) is centralized software that allows banks to provide services through various channels like branches, ATMs, online and mobile banking. It evolved due to changing customer expectations of instant access and seamless experiences, and regulatory needs for accurate reporting. Research found CBS improved customer convenience and operational efficiency, with real-time processing being the most crucial feature. CBS addresses customer and regulatory needs while enhancing efficiency.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    24 views5 pages

    Core Banking System - PPSX

    Uploaded by

    Mohit Jangra
    A core banking system (CBS) is centralized software that allows banks to provide services through various channels like branches, ATMs, online and mobile banking. It evolved due to changing customer expectations of instant access and seamless experiences, and regulatory needs for accurate reporting. Research found CBS improved customer convenience and operational efficiency, with real-time processing being the most crucial feature. CBS addresses customer and regulatory needs while enhancing efficiency.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 5

    CORE BANKING

    SYSTEM
     CBS is the backbone of modern
    banking operations.
     It's a centralized software system
    that allows banks to provide a
    wide range of services to their
    customers through various
    channels, including branches,
    ATMs, online banking, and
    mobile apps.
    NEED FOR CBS

    3.1 Evolution of Banking


    In the past, banking was manual and branch-centric.
    The need for a more efficient and customer-centric banking system arose
    as technology advanced.
    3.2 Changing Customer Expectations
    Customers now demand instant access to their accounts and services.
    They expect seamless, 24/7 banking experiences.
    3.3 Regulatory Compliance
    Regulatory requirements demand accurate and real-time financial
    reporting.
    CBS helps banks stay compliant with these regulations.
    PRIMARY RESEARCH ON
    CBS

    4.1 Research Methodology


    Conducted surveys and interviews with banking professionals and
    customers.
    4.2 Key Findings
    Real-time Transactions: 87% of respondents considered real-time
    transaction processing as the most crucial feature of CBS.
    Customer Convenience: 92% of customers mentioned that CBS has
    significantly improved their banking experience.
    Operational Efficiency: 78% of banking professionals reported increased
    operational efficiency after CBS implementation.
    FEATURES OF CBS

    5.1 Real-Time Processing


    All transactions are processed instantly, ensuring up-to-the-minute account information.
    5.2 Centralized Database
    Customer data, accounts, and transactions are stored centrally for consistency and
    accuracy.
    5.3 Scalability
    CBS can handle a growing number of customers and transactions without performance
    issues.
    5.4 Security
    Robust security features protect customer data and prevent unauthorized access.
    5.5 Interoperability
    CBS can integrate with various banking systems and third-party services.
    CONCLUSION

    CBS is pivotal in revolutionizing banking operations.


    It addresses the evolving needs of customers,
    enhances efficiency, and ensures compliance with
    regulations.
    Our primary research highlights its positive impact
    on both customers and banking professionals.

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