Core Banking Service
What is core banking?
2. scaling services
Core banking app components
Development of a CMS for accounting and management of financial transactions and billing of services provided by the company to its customers
What clients says
Extremely pleased with the outcomes of the website development. WEZOM provided a clever product with adaptation for mobile devices and did everything to a high standard, on schedule, and with maximum professionalism. The team conducted an SEO analysis and researched the market of our business. Taking these data into account, the website was designed and developed. I also want to highlight the outstanding communication and constant involvement of the team in the project.5.0
WEZOM is developing a mobile application for us with adaptations for iOS and Android. We have already launched the beta version and our customers are very positive about the product. I would like to note the flexibility and quality of our communication. Every week we hold meetings where we productively discuss all the details of the development and the work carried out.5.0
Following the launch of the site, the percentage of project rejections decreased by 17.4%, and traffic to the site and sales saw a dramatic increase of 65% and 30%, respectively. The project was composed of several components: the development of a corporate website, the creation of a catalogue of projects, the development of an administrative control panel, and the implementation of a designer for residential complex websites. Communication and the quality of work with a team of 6 specialists was excellent throughout all stages5.0
Thanks to the work of Wezom, we receive dozens of applications a day from all over the world. The site was developed by a team of 8 people. Work was carried out on the creation of UX/UI, adaptation of the site for foreign users, and SEO services, such as domain redirection without loss of link mass and positions in the search engine. P.S. Our project manager, Polina, is a real expert in her field. We received prompt responses to all queries, we tracked the work stages through Worksection, and they were all completed on time. The company keeps its word, and this is highly commendable.5.0
Our task was to create a new website capable of increasing the number of applications. Wezom implemented it very efficiently and to a high standard. The site has become more professional, more user-friendly, more interactive, and faster. The level of communication and the quality of the organization is very impressive. We had our Project Manager who oversaw the entire development process and even in cases where something went wrong, the project leader was involved and quickly resolved all the issues.5.0
Questions & Answers
What is core banking?
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.
This function is devised to be fast and simple for both bank employees and customers.
A responsive, timeline-based data analytics tool is crafted to facilitate employees to interact with customers more effectively.
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.
An online assistant is available to tackle common issues and reduce the workload of the call center.
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.
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.
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.