Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 35)
35.
Which bank became the first in India to adopt Clari5’s NCRP Integration Solution for real-time fraud prevention?
State Bank of India
HDFC Bank
ICICI Bank
Punjab National Bank
Answer: Option
Explanation:
Punjab National Bank (PNB) became the first Indian bank to implement Clari5’s NCRP Integration Solution, enabling real-time fraud prevention and efficient complaint management. This innovative solution offers features such as real-time lien marking, debit freeze, and dynamic dashboards, ensuring enhanced security across various banking channels. Additionally, it supports emerging technologies like Central Bank Digital Currencies (CBDCs), setting a benchmark for the banking industry to adopt more advanced fraud prevention measures.
Discussion:
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