What is the difference between core banking and retail banking?

By | June 25, 2020

First of all, if you want to understand the difference between core banking and retail banking, you need to know the exact meaning of the core, retail banking and it’s features, key points, and history.

But let me discuss the difference between them first because I assume you know that.

Why core banking and retail banking difference is not possible?
Retail Banking in the bank type that a user uses provide by banks to process transactions for the mass public. In simple, it is just a bank type. Want a detailed understanding go there.

Whereas the core banking is centralized on which the retail or any corporate bank is hosted on the server to facilitate to transact online. Understanding core banking in a broader sense.

However, if you have come to get what you need the difference, I will definitely differentiate them from other perspectives.

For the exact that cannot be described here because of lack of table difference visit – https://banksforyou.com/difference-between-core-banking-and-retail-banking/

Please read the originial post here: https://banksforyou.com/difference-between-core-banking-and-retail-banking/