BANKING AFFAIRS

Detailed explanation-1: -Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile. PIPS is not an e-banking software.

Detailed explanation-2: -Which of the following is not e-banking software? PIPS is not an e-banking software. Explanation: A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely interest payments and the likelihood of default.

Detailed explanation-3: -Expert-Verified Answer. Option b)Provides a competitive advantage to the bank is not the benefit of e-banking to the customers. Electronic banking, Use of computers and telecommunications to enable banking transactions to be done by telephone or computer rather than through human interaction.

Detailed explanation-4: -Generally, the top 10 banking software tools rely on . NET, Python, Ruby, and Java. Also, there are specific technologies for core banking development: Oracle FLEXCUBE, Finastra, Temenos, etc.