All you need to know about core banking applications
So what exactly is a core banking system? At its most basic, it’s the central software platform banks use to manage customer accounts, process transactions, handle deposits and withdrawals, and oversee everything from loan disbursements to compliance checks.
How to use Mifos X and Apache Fineract with Lendsqr as a core banking system
Traditionally, implementing a new core banking system can take upwards of six months. Lendsqr dramatically quickens this process with pre-built integration adapters.