FAQ

Frequently Asked Questions

Frequently Asked Questions

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  • What is Gap Core?

    Gap Core is a Core Banking Application (CBA) designed to provide financial institutions, fintech companies, and other businesses with a robust, scalable, and fully digital banking solution. It supports core banking operations such as account management, loan processing, payments, and financial reporting.

  • ⁠Who is Gap Core designed for?

    Gap Core is built for banks, microfinance institutions, digital lenders, fintech companies, cooperatives, and other financial service providers looking to streamline their banking operations and enhance customer experience.

  • How does Gap Core differ from other core banking solutions?

    Gap Core is cloud-based, API-driven, and highly customizable, allowing businesses to tailor the platform to their specific needs. It integrates seamlessly with third-party services such as payment gateways, credit bureaus, and mobile wallets.

  • What core banking functions does Gap Core support?

    Account management (savings, current, fixed deposit) Loan management (origination, disbursement, repayment tracking) Payment processing (local and international transfers, mobile money integration) Treasury & liquidity management Regulatory reporting and compliance

  • Can Gap Core integrate with our existing systems?

    Yes, Gap Core is API-first, making it easy to integrate with existing CRM, ERP, and other third-party financial systems.

  • Does Gap Core support multi-currency and multi-branch operations?

    Yes, it supports multi-currency transactions and multi-branch management, allowing financial institutions to operate seamlessly across different regions.

  • Is Gap Core secure?

    Absolutely. Gap Core follows strict security protocols, including data encryption, multi-factor authentication (MFA), and regular compliance checks with global security standards.

  • ⁠How long does it take to implement Gap Core?

    Implementation time varies depending on business requirements, but a standard deployment takes between 4 to 12 weeks.

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