No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
CORE means Centralized Online Realtime Electronic Banking
Core banking refers to banking services provided by a network of branches. Internet banking is the ability to complete banking transactions from your home using your computer.
centralised online realtime electronic (CORE) banking ...achu
all transaction made one single window called core banking
CORE-Centralised Online Real time exchange..that what i have heard it to be. I searched many sites but doesn't find the expansion relevant to CORE in CORE banking..
The products of private banking innovative banking products and lending solutions,services to help you manage your money.
core banking solution
TietoEnator's Core Banking Suite consists of components that can be installed independently and integrated into your current banking environment. At the heart of the Core Banking Suite are comprehensive customer, product, and agreement management modules that provides a single and complete view of the financial institution's customers and their engagements with the institution. The Core Banking Suite manages deposit and loan products and credit and debit cards. The application includes a world-leading cash management component, to be used by large corporates to perform cash pooling, sweeping etc in a cross border, multi-currency environment. Product management is possible through a configurable product composer. This gives the bank's business people the flexibility to assemble user-definable banking products with flexible pricing structures and then quickly distribute them through any channel to their banking customers. Sushil Jain / Tapan Sanghvi Biratnagar, Nepal / Mumbai, India
There are many functions of core banking. A few of the functions are payments, mortgages, and several types of transaction accounts.
Some of the e-banking products are: a. Internet or Online banking b. ATMs c. Mobile banking d. Telephone banking e. Etc
Core banking software are those packages that offer to track the most basic banking functions only, such as simple deposit, withdrawal, loaning, and repayment of money.