White Label ATMs:

White Label ATM or White Label Automated Teller Machines or WLAs are owned and operated by Non-Bank entities. From such White Label ATM customer from any bank will be able to withdraw money, but will need to pay a fee for the services. These white label automated teller machines (ATMs) will not display logo of any particular bank and are likely to be located in non- traditional places.

Shadow Banks: Shadow Banks refer to those organizations that function like banks but are outside the banking regulation. They help in providing quick source of credit to the public but have been criticized because they lead to a creation of a bubble and on the defaulting on loans by the borrowers it leads to a crisis as one witnessed in the US.

Core Banking Solution - CBS is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account. The customer is no more the customer of a Branch. He becomes the Bank's Customer.