PRESS RELEASE
Published June 6, 2023
The Latest research coverage on Retail Core Banking Systems Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.
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Major & Emerging Players in Retail Core Banking Systems Market:- Temenos AG (Switzerland), Oracle Corporation (United States), EdgeVerve (India), Fiserv, Inc. (United States), TATA Consultancy Services Limited (India), Fidelity National Information Services, Inc. (United States), Sopra Steria Group SA (France), Finastra (United Kingdom), Avaloq (Switzerland), FIS Global, Intellect Design Arena, Jack Henry & Associates, SAP, Exictos
The Retail Core Banking Systems Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Retail Core Banking Systems market.
Retail core banking systems is a software solution which is used in the retail industry for conducting banking transactions easily by a banking institution and other businesses. The systems deposits and lends money related to the transaction of retail, manages the central accounting, customer information, and other functions. It consists of a centralized database that supports financial management in the retail sector.
On 19th February 2020, Financial technology supplier Finastra has launched its core banking platform Fusion Phoenix on a public cloud, implementing the systems with Florida bank Commerce National Bank & Trust and Washington bank Commencement Bank of Tacoma. The two banks are the first ones in the US to access the solution in what Finastra calls a milestone in core delivery.
On 25th September 2019, Temenos, the banking software company, announced that the acquisition of Kony Inc, the fast-growing US digital banking SaaS company has now closed. The acquisition will accelerate Temenosâ€
US presence and strengthen Temenos Infinity, the breakthrough digital banking product.
The titled segments and sub-section of the market are illuminated below: by Application (Small-medium Enterprises, Large Size Enterprises), Platform (Web-Based, Installed, IOS, Android), Deployment (On-Premises, Managed, Hybrid), Features (Customer Personalization, Customer Relationship Management, Compliances Management, Transaction, Others)
Market Drivers:
Growing Number of Core Banking Services Across the World
Demand for the Automation in the Retail Banking Services
Market Trends:
Emerging Intelligent Technology in Retail Core Banking Systems
Technological Advancement in Retail Core Banking Systems
Opportunities:
Surging Banking Industry with the Infrastructure Advancement
Increasing Spending on Retail Core Banking Systems
Challenges:
Stringent Regulatory Guidelines on Retail Core Banking Systems
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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Retail Core Banking Systems Market
Chapter Four: Players Profiles
Chapter Five: Global Retail Core Banking Systems Market Analysis by Regions
Chapter Six: North America Retail Core Banking Systems Market Analysis by Countries
Chapter Seven: Europe Retail Core Banking Systems Market Analysis by Countries
Chapter Eight: Asia-Pacific Retail Core Banking Systems Market Analysis by Countries
Chapter Nine: Middle East and Africa Retail Core Banking Systems Market Analysis by Countries
Chapter Ten: South America Retail Core Banking Systems Market Analysis by Countries
Chapter Eleven: Global Retail Core Banking Systems Market Segment by Types
Chapter Twelve: Global Retail Core Banking Systems Market Segment by Applications
What are the market factors that are explained in the Retail Core Banking Systems Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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