CATX ABB (Any Branch Banking) is the banking
solution that can make cooperative banks in
India tick. It completely eliminates the limitation
of the earlier system of dealing with one
branch only. It rather presents connectivity
solution to enable any branch banking. It
improves productivity and services in banks.
It has been completely developed in - house
that has led to tremendous cost savings.
CATX (ABB) is the core banking solution
that automates most of the bank's functionality
while conforming to RBI's guidelines. ABB
implements IP Telephony and a token based
ATM payment solution.
CATX (ABB) makes use of electronic channels
to communicate and transact business, primarily
through the use of Internet technologies.
This has enabled banks and other financial
institutions to increase the use of electronic
channels for receipt and delivery of their
products and services.
Four levels of security used are as follows:
(a) VPN (Virtual Private
Network)
(b) SSL (TLS)
(c) PKI (Public Key Infrastructure)
(d) Firewall
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