What types of software technology they use bank system

Core banking software: This software is the central platform that manages a bank's operations, including customer accounts, transactions, loans, and other financial services.

Online banking software: This software allows customers to access their accounts, transfer funds, pay bills, and perform other banking activities online.

Mobile banking apps: These apps provide customers with the ability to access banking services and manage their accounts from their mobile devices.

Anti-fraud software: This software helps banks detect and prevent fraudulent activities, such as identity theft and unauthorized transactions.

Customer relationship management (CRM) software: CRM software helps banks manage customer relationships, track interactions, and provide personalized services.

Data analytics software: This software helps banks analyze customer data, trends, and patterns to make informed decisions and improve their services.

Risk management software: This software helps banks identify, assess, and mitigate risks related to financial transactions, compliance, and security.

Payment processing software: This software facilitates the processing of various payment methods, such as credit cards, electronic transfers, and checks.

Security software: This includes encryption software, firewalls, and other tools to protect sensitive customer data and prevent cyber attacks.

Compliance software: This software helps banks ensure that they are in compliance with regulations and industry standards, such as KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements.