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    Question

    What is the name of the banking service which is

    provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices?
    A Digital Banking Correct Answer Incorrect Answer
    B Core Banking Correct Answer Incorrect Answer
    C Internet Banking Correct Answer Incorrect Answer
    D Advanced Banking Correct Answer Incorrect Answer
    E National Banking Correct Answer Incorrect Answer

    Solution

    Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers.

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