Explain the different types of banking software applications are available in this industry?

Some of the banking software applications are:-

• Internet banking system: This application allows the customers and the banks to do the transaction using the bank's website.
• Stock market management system: This application manages the financial portfolio like securities and bonds.
• Loan management system: This application collects all the data and maintains the track about the customers who borrow the money.
• ATM banking (Automated Teller Machine): ATM is an electronic banking machine which allows the customers to complete necessary transactions.

This is also an essential question in banking interview questions.