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The financial services ecosystem is undergoing a digital disruption, and banking is no exception. The digital evolution of core banking is underway, driven by technological advancements and the need to meet changing customer expectations. Core banking systems have traditionally been considered the bedrock of financial institutions, but new upgraded systems have been launched to deliver better functionality. The digital transformation of traditional financial institutions is a matter of survival in the digital age, as it offers scalability, adaptability, and seamless integration.