Current Affairs · Cross-Border Fintech Alliances
Consider the following statements regarding cross-border payment aggregators and digital financial service integrations supporting India's trade infrastructure: 1. Strategic fintech alliances enable integrated payments architectures that bridge domestic collections smoothly with outward and inward international networks. 2. Authorized cross-border intermediaries operate with explicit central regulatory approvals to facilitate cross-border transactions for small and medium enterprises. Which of the statements given above is/are correct?
- 1Only 1
- 2Both 1 and 2✓
- 3Only 2
- 4Neither 1 nor 2
Correct answer
Both 1 and 2
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