2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bank of Baroda
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Bangkok Bank
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United Bank of Commerce
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Union Bank of India
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Detailed explanation-1: -A digital transaction involves the collaboration of several parties including large financial firms and a number of sectors within the economy. Examples include swiping a debit card at a store, paying for a purchase online, or transferring money from an app to your bank account.
Detailed explanation-2: -#1 Nubank. Launched in 2013 as a direct reaction to the undeserving, over-charging incumbent banks of Brazil, Nubank was founded by David Velez, Cristina Junqueira and Edward Wible, having since grown to become the most successful digital bank to date.
Detailed explanation-3: -A digital-only bank provides banking facilities exclusively through digital platforms, such as mobile, tablets, and the Internet. It offers basic services in the most simplified manner, with the help of electronic documentation, real-time data, and automated processes.