Microservices Architecture in Banking

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Microservices architecture provides the agility and flexibility necessary to meet the needs of banking customers while addressing regulatory compliance issues

Microservices architecture is a fundamental style for distributed systems. It is a method of building applications that decouples the components of an application and allows them to self-configure, self-heal and scale independently as the system scales.

 By building applications on microservices architecture, banks can provide end users with a better user experience. Also, the ability to interact with their bank more straightforwardly. Furthermore, banks can integrate new business models into their current systems. It presents a new opportunity for banks to increase revenue.

Architecture of a digital bank should guarantee security and privacy requirements while meeting the demands of today's examples of digital banking customers. The technology stack for digital banking depends on how well IT is structured to respond to current and emerging requirements.

Banks need a technology stack that can support their strategic goals and allow them to adapt to changes like mobile banking app architecture in the market environment. Here is the technology stack for digital banking.

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