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Operational Aspects of CBS Environment
What does CBS stand for in the context of modern banking technology?
CBS stands for Core Banking System, a platform that integrates branch operations with centralised data to enable seamless banking services.
Which two technology streams converge to form a Core Banking Solutions (CBS) platform?
Communication Technology and Information Technology
Which two technologies converge to form a CBS platform?
A CBS platform is the convergence of core banking operations and centralised data management technology, linking all branches to a single central database.
What is the specific CBS control called when one person inputs a transaction and a different person authorises it?
Four-Eye Principle / Maker-Checker
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