What is a Microfiche?
Microfiche is a French word for “small card”. It is made of a flat sheet of a thin photographic film usually with a polyester base on which multiple pages are captured in reduced size. The standard size is 105mm x 148mm (about 4 inches x 6 inches). This is the same size as ISO A6…
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Note & Coin Counting Machines’ operation explained
The major uses of cash counting machines are the accuracy and speed in counting that they provide. Note-counting machines can count stacks of money quickly and more accurately. These machines also detect counterfeit notes. Currency counters are commonly used in vending machines to determine what amount of money has been deposited by customers. In some…
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Understanding Signature Storage and Retrieval System (SSRS)
Signature Storage and Retrieval System (SSRS) is a technology used by banks and financial institutions to store, manage, and retrieve customers’ signatures electronically. SSRS comprises an arrangement where a signature is optically scanned and digitally coded. The signature of the customer is captured electronically using specialized signature capture devices. The captured signature is converted into…
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Understanding Computer Systems: LANs and WANs
LAN stands for the acronym for local area network, and WAN stands for wide area network. LANs and WANs are both computer networks made up of nodes and links. Both the LAN and WAN networks require two or more nodes to create a computer network. LANs connect devices that are physically close to each other…
Read article What is a Core Banking Solution (CBS)?
Core Banking Solution (CBS) is centralized Banking Application software. The Customers can access their accounts and perform certain transactions from any of the bank’s branches through the network. It has several components that support a database, application server, web server, and firewall to protect the system from outside attacks. Core banking systems are used by…
Use of Mobiles/Tablets in Financial Inclusion Drive
Mobile technology has transformed the way financial services are accessed, delivered, and utilized, particularly in underserved and remote areas of India. The use of mobiles and tablets in financial inclusion drives has the potential to reach underserved populations, enhance financial access, promote economic empowerment, and improve overall financial well-being. Banks use mobile phones/ tablets to…
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