 The Core Processing Engine is a vital part of BankWORKS giving the basic fundament of all common processes in relation to card issuing, acquiring or clearing operations. The optional module in BankWORKS are all utilizing the same core engine to process all financial transactions, posting, calculation of fees and charges, updates of accounts according to product parameters, and produce data for general ledger.
The main benefit for using Core Processing Engine is improved speed due to optimized processing and lower maintenance cost through reduction of errors and effective trouble shooting.
The Core Processing Engine Module forms the nucleus of the BankWORKS and includes:
 Customer Relationship Management
Product and Service Management
Transaction Processing
Financial Accounting
Sub-General Ledger
Customer Communication
Online Processing
As one of few payment solutions, all updates of information in BankWORKS are taking place online real-time. This means that no periodic updates needed to refresh financial information from the "front-end" to the "back-end". BankWORKS utilizing one central database were all information are kept and updated online. Online real-time updates results in a cost effective processing and fraud prevention.
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