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Core banking. Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers.
Digital literacy. A teacher and his students in a computer lab. Digital literacy is an individual's ability to find, evaluate, and communicate information using typing or digital media platforms. It is a combination of both technical and cognitive abilities in using information and communication technologies to create, evaluate, and share ...
Digital currency. Digital currency ( digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency.
In 2006, India contained the largest number of people living below the World Bank's international poverty line of US$1.25 per day. The proportion decreased from 60% in 1981 to 42% in 2005. Under the World Bank's later revised poverty line, it was 21% in 2011. 30.7% of India's children under the age of five are underweight.
Filter bank. In signal processing, a filter bank (or filterbank) is an array of bandpass filters that separates the input signal into multiple components, each one carrying a sub-band of the original signal. [1] One application of a filter bank is a graphic equalizer, which can attenuate the components differently and recombine them into a ...
It is the sixth digital bank to get its BSP digital banking license in September 2021. Maya Bank’s products will range from savings accounts to loans. It was launched to the public in April 2022. Overseas Filipino Bank - also known as OFBank, was established in 1906 and was called Philippine Postal Savings Bank.
Banking. Wholesale banking is the provision of services by banks to larger customers or organizations such as mortgage brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers (such as pension funds and government entities/agencies), and services ...
Narrow banking. Narrow banking is a proposed type of bank called a narrow bank also called a safe bank. Narrow banking would restrict banks to holding liquid and safe government bonds as opposed to other equities (like loans) against depositor's money as opposed to other assets (such as gold as in the case of the Texas Bullion Depository or ...