CBS (Core Banking System)
A plain-English definition from the DeployIT insurance technology glossary.
In short: A bank's central transaction system; CBS events (FD maturity, salary credit) can trigger contextual insurance offers.
Related terms
- Bancassurance
- The distribution of insurance products through banks.
- LOS (Loan Origination System)
- The lender system managing loan applications from lead to disbursal.
See it in practice
See this concept working in software
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