banking system

Noun

Meaning

banks collectively

Synonyms

Hypernyms

Hyponyms

Examples

Led by the consumer community, there was strong opposition to the deal since it would result in Republic Bank moving into a monopoly position to control credit and bank charges and eliminating whatever competition remained in the Banking system. Source: Internet

The Open Banking system is helping create an ecosystem where banks and technology providers can collaborate to offer true digital solutions to a customer even at the last mile. Source: Internet

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