👉 Bank computing refers to the systems and processes that enable banks to efficiently process, store, and manage financial transactions for their customers. It encompasses a wide range of technologies, including core banking systems, payment gateways, risk management tools, and customer relationship management (CRM) software. These systems facilitate various banking activities such as deposits, withdrawals, loans, investments, and bill payments, ensuring secure and timely transactions. Bank computing also involves compliance with regulatory requirements, fraud detection mechanisms, and data analytics to optimize operations and enhance customer service. By integrating advanced technologies like artificial intelligence and blockchain, modern bank computing systems aim to improve accuracy, reduce costs, and provide a seamless user experience.
