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Showing posts from January, 2023

Core Banking: Definition, Features, Benefits

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  Core Banking is a catch-all phrase for the services offered by various interconnected bank locations. It's the bank's back end, where deposits, loans, and credits are processed daily throughout all branches, and any changes are recorded and reflected instantly. The bank's core business is serving individual and small company clients. It helps clients deal with money transfers rapidly. In addition, changes made to a customer's account are published instantly. The goal is to give current and future clients more control over their financial independence. Features of Core Banking The various CBS locations are all linked together. Clients can, therefore, use the services of any CBS branch. Core banking's most notable characteristics are: Administrative and operational data consolidation Create fresh bank accounts Handling money orders and checks Interest computation Managing interactions with customers Loan servicing and production Handling transactions involving actua

Batch Processing Vs Stream Processing : What's The Difference

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Data processing is the process of gathering, transforming, and using collected data for the intended purpose. It is a method that uses computers to aid in retrieving, manipulating, or classifying data. Computerized batch processing is a technique for batch-processing the execution of software development solutions . Users must submit jobs, but other than that, there is nothing else they need to do for the batch to be processed. Processing data, while it is in motion or computing data as it is created or received, is referred to as "stream processing." Most data is created as a result of a series of related events that happen over time, such as sensor events, website user activity, and financial transactions. Stream processing vs. batch processing is the topic of this essay. What is Batch Processing? Bulk processing is the term used to describe the batch processing of large amounts of data over a set period. It performs bulk data processing all at once. When the size of the da

Why Is Software Testing Or QA important for Any Business?

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Software testing is generally understood to be the process by which a program or application is validated or tested to make sure there are no bugs or problems. Additionally, it is done to confirm that the program fulfills the technical specifications, as directed by the development and design. Additionally, it makes sure that the user's requirements are met effectively and efficiently, and that boundary and extreme case situations are handled flawlessly. Program testing helps bring about an improvement in the software, in terms of accuracy, efficiency, and usability, in addition to identifying software flaws. In addition, evaluating the software application or program's functionality, performance, and specifications is helpful. Why is QA important for any business organization? When it comes to meeting the expectations and needs of the customers, quality assurance is essential. It helps with cost-saving and error correction before they turn into bigger problems. It helps mainta

Software Maintenance Process - Everything You Should Know

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The most common misconception about the software development life cycle is that it ends after deployment. However, Software Maintenance is another important phase to consider after deployment. Software maintenance is the process that involves updating the software according to the user’s needs and requirements. It makes sure that software is delivering the expected performance and has the updated policies, experience & technology. In this blog, we will explore what are different types of software maintenance and why Software maintenance is important.   Types of Software Maintenance Software maintenance has mainly four categories: Corrective Maintenance It helps to rectify the bugs in the system to enhance the system's performance. It involves releasing minor updates frequently to resolve the bugs. Adaptive Maintenance It deals with updating and modifying the software product as per the customer's requirements. This happens when the client wants to run the product on a new p