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The new core banking paradigm

The new core banking paradigm

Source: SunTec Business Solutions

SunTec Business Solutions explores the value of core banking versus pricing and billing systems in the modern bank.

The paper posits that a core banking solution per se cannot cater to all the fee-based income needs of a bank, due to the complex siloed nature of most mature banking enterprises. In consequence, a pricing and billing solution that helps to manage the fee income by providing a single customer view of all charges across the bank’s product silos, becomes inevitable for the functioning of a bank.

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