Question

    Which private sector bank has partnered with banking-as-a-service startup Falcon to tap into the embedded finance market which enables the integration of a non-financial services with a financial service?

    A Axis Bank Correct Answer Incorrect Answer
    B Yes Bank Correct Answer Incorrect Answer
    C ICICI Bank Correct Answer Incorrect Answer
    D HDFC Bank Correct Answer Incorrect Answer
    E IDFC First Bank Correct Answer Incorrect Answer

    Solution

    Yes Bank has partnered with banking-as-a-service startup Falcon to tap into the embedded finance market. Embedded finance enables the integration of a non-financial services with a financial service.This enable Yes Bank to provide customers with various financial services by leveraging the startup’s wide suite of products. Yes Bank Registered & Coporate Office: Mumbai              CEO: Prashant Kumar Falcon International Bank Headquarters: Texas, United States President: Gilbert Narvaez Jr.

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