1.

Explain the different types of banking software applications are available in this industry?

Answer»

Some of the banking SOFTWARE applications are:-

  • Internet banking system: This application allows the CUSTOMERS and the banks to do the transaction USING the bank's website.
  • Stock market management system: This application MANAGES the financial portfolio like securities and bonds.
  • Loan management system: This application collects all the data and maintains the track about the customers who borrow the money.
  • ATM banking (Automated Teller Machine): ATM is an electronic banking machine which allows the customers to complete necessary transactions.

This is also an essential question in banking interview questions.



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