Core Banking

Core Banking is a software solution offered by VisionCredit Fintech that aims to streamline and enhance banking operations for financial institutions. According to the vendor, Core Banking provides a range of features and functionalities to effectively manage various banking activities such as account management, loans, deposits, transfers, and more. It is designed to cater to the needs of small, medium, and large businesses in the banking industry, including banks, credit unions, and lending organizations.

Key Features

Account Management: According to the vendor, Core Banking enables financial institutions to efficiently manage various types of accounts, including current and savings accounts, time deposits, loans, credits, guarantees, and equity investments. It supports account operations such as openings, concessions, cancellations, settlements, transaction reporting, letters, loan repayments, and loan payment receipts.

Operations: Core Banking facilitates a wide range of account operations, including openings, concessions, cancellations, liquidations, accrual of interest, communication of extracts, communication of operations, letters, bill payments, loan management, and back operations. It also supports the acceleration of non-metallic operations through compensation methods and the management of double account movements.

Other Processes: Core Banking offers additional processes and functionalities such as monthly inventory management, audit reports, automatic end-of-day processing, automatic loan portfolio treatment, automatic settlement and renewal of terms, operations journal, notification letters for overdrafts and other operations, accounting links, document management, scoring systems, tax declarations, and web and app connectivity.

VisionCredit Fintech Online: Core Banking includes VisionCredit Electronic (G-e), a web-based communication system that, according to the vendor, enables efficient and secure communication of operations between financial institutions and their end customers. It provides features such as global account statements, mailbox, movement search, and tax information through a user-friendly interface.

Hardware for Financial Institutions: Core Banking offers specific hardware components tailored for financial institutions, including financial printers, automatic updaters for passbooks, cash recyclers, magnetic card readers, and cash dispensers. These hardware devices, according to the vendor, enhance security and efficiency in various cash handling and payment transactions.