Current Affairs · Banking and Fintech
In July 2025, Laraware Pvt Ltd introduced 'Nxtbanking', an AI-powered fintech platform for the banking sector in India. Which of the following features contradicts the objective or is NOT a key feature of this automated platform?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Traditional manual verification processes for KYC✓
- 2Geo-tagging and device fingerprinting for fraud detection
- 38-layer AI compliance engine including real-time identity verification
- 4Integration of more than 50 financial APIs including AEPS and BBPS
Correct answer
Traditional manual verification processes for KYC
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