New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the primary purpose of Financial Software &

    Systems' (FSS) new payments technology platform 'Blaze'?
    A To provide entertainment services to consumers. Correct Answer Incorrect Answer
    B To offer social media integration for banks Correct Answer Incorrect Answer
    C To cater to the needs of banks and financial institutions Correct Answer Incorrect Answer
    D To develop video streaming capabilities for financial transactions Correct Answer Incorrect Answer
    E To enhance transportation services for digital commerce. Correct Answer Incorrect Answer

    Solution

    Financial Software & Systems (FSS), has launched its new payments technology platform, 'Blaze'. This platform is specially designed to cater to the needs of banks and financial institutions.Its payments gateway, powered by Blaze, can process over 5,000 transactions per second (TPS). Additionally, the payments technology platform allows banks to achieve higher TPS, aligning with the increased adoption of digital commerce within the country.

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