Core Banking Service
Key clients
What is core banking?
2. scaling services
3. optimizations
4. up-to-date
Core banking app components
We developed a corporate website for IC "Kraina" with the possibility of registering services in a private office
In a month and a half and in three stages, we created an updated product with positive effect on the e-groshi service.
Development of an online tool for managing business finances
Development of a CMS for accounting and management of financial transactions and billing of services provided by the company to its customers
What clients say
I am very satisfied wit the work process and project management. Everything was clear, on time and I had nothing specific to add. Yes, we are satisfied with the result of the work and the product meets the goals set. I can't wait to continue our work on the app.
Incode-Group is thrilled to recommend WEZOM for their exceptional services. Their development of an employee management system for our company has been transformative, revolutionising our operations and optimising efficiency across the board. WEZOM's consistent delivery of outstanding work has made them an integral part of our team. Their expertise in software development and UX design has played a pivotal role in enhancing our project's functionality and user experience. We are truly grateful for WEZOM's contributions and highly endorse their services.
Our collaboration with WEZOM to develop the interactive learning platform for Corpsoft.io was exceptionally positive. From the outset, WEZOM demonstrated a deep understanding of our requirements and goals for the project. Their team was proactive in proposing innovative solutions and ensuring that the platform met our needs for engaging and effective online education. Throughout the development process, communication with WEZOM was clear and transparent. They provided regular updates on progress, promptly addressed any issues or concerns, and sought feedback to ensure alignment with our vision. The project was completed within the agreed timeline and budget, showcasing WEZOM's commitment to delivering results.
Working with WEZOM on our CRM development project was a truly exceptional experience. From the outset, their team exhibited a high level of professionalism, expertise, and dedication. They took the time to understand our specific requirements and objectives, and translated them into a customized CRM solution that surpassed our expectations. Throughout the project, WEZOM maintained transparent communication, provided regular updates, and addressed any challenges promptly. Their commitment to delivering high-quality results was evident in every aspect of the project.
WEZOM developed a mobile application for a car dealership. An app that allows users to book maintenance appointments, receive consultations, view their vehicle's service history and coordinate appointments. The app has significantly reduced the number of calls we were receiving to make service appointments; 17% of auto service requests are made through the app. WEZOM adhered to all deadlines, responded well to needs and suggested solution improvements. Their proactive communication stands out.
5.0Questions & Answers
How does core banking software work?
How much does a core banking system cost?
The Evolution of Finance: The Impact of Core Banking
Core banking is a technological breakthrough that has entirely revolutionized our financial interactions. It forms a unified network that links numerous bank branches, enabling seamless online activities such as loan administration, withdrawals, and transactions. This service extends beyond mere convenience; it's about boosting efficiency and strengthening security.
Decoding Core Banking
Core banking is a system that creates a central hub linking various branches of the same bank to perform banking operations and update accounts in real-time. It grants customers the ability to manage their accounts and execute banking operations from any branch of the bank. This system supports operations like loan administration, deposits, and transactions. The term CORE in banking signifies a concept that allows a client to see a bank as a single integrated entity.
Essential Features of Core Banking
A well-rounded core banking system should encompass crucial features such as loan processing, data analytics, digital banking, real-time check system, customer relationship management, and chatbots.
Loan Processing
This function is devised to be fast and simple for both bank employees and customers.
Data Analytics
A responsive, timeline-based data analytics tool is crafted to facilitate employees to interact with customers more effectively.
Digital Banking
Some client operations are shifted to the digital platform to lessen the workload of employees.
Real-Time Check System
A tool is devised to collect customer data, enabling quicker and more informed lending decisions.
Customer Relationship Management
A centralized tool is created to manage the bank's customer interaction data within the core banking software.
Chatbots
An online assistant is available to tackle common issues and reduce the workload of the call center.
Client Feedback
Our clients have expressed their contentment with our services. They have commended the quality of our work, our professionalism, and our dedication to adhering to deadlines. They have also acknowledged our communication skills and our proactive involvement in their projects.
Common Queries
What is core banking?
Core banking is a system that creates a central hub linking various branches of the same bank to perform banking operations and update accounts in real-time. A core banking system supports operations like loan administration, deposits, and transactions. CORE in banking signifies a concept that allows a client to see a bank as a single integrated entity.
How does core banking software function?
Core banking software functions by creating a central hub linking various branches of the same bank. This allows customers to manage their accounts and execute banking operations from any branch of the bank.
What is the cost of a core banking system?
The cost of a core banking system can fluctuate based on several factors such as the size of the bank, the number of customers, and the specific features required. For a detailed quote, please contact us directly.
Wrapping Up
In essence, core banking is a potent tool that has brought about a revolution in the banking industry. It provides convenience, efficiency, and security, making it a vital part of contemporary banking.