CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Company launches BaNCS app development kit to help banks creating their own apps?
A
Infosys
B
Cognizant
C
Wipro
D
TCS
Explanation: 

Detailed explanation-1: -Mumbai, June 8, 2017: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced the launch of BaNCS App Development Kit (ADK) that enables Banks to design and build their own Apps faster and seamlessly deploy across devices and desktops.

Detailed explanation-2: -TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks.

Detailed explanation-3: -TAIPEI CITY | MUMBAI, January 04, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced that CTBC Bank, Taiwan, has selected TCS BaNCS™ for Banking and Wealth Management to digitally transform its business and drive its future growth.

Detailed explanation-4: -In India, State Bank of India, Allahabad Bank, Bank of Maharashtra, Central Bank of India, Indian Bank are such banks that use BaNCS Software Packages. Under BaNCS the transaction number is known as Journal Number.

Detailed explanation-5: -TCS BaNCS for Insurance is an end-to-end core insurance solution spanning life, annuity, pensions, property and casualty, reinsurance, and health insurance, and is designed to support every event in the lifecycle of a policy.

There is 1 question to complete.