Punjab National Bank Implements Clari5's NCRP Integration for Enhanced Cybercrime Prevention
| Aspect | Details |
|---|---|
| Why in News | PNB becomes the first Indian bank to integrate Clari5's NCRP solution. |
| Developed in Collaboration | Indian Cyber Crime Coordination Centre (I4C). |
| Key Features | - Automated lien marking and account freezing.- Real-time processing across all retail banking channels.- Customizable whitelisting for fraud prevention. |
| Channels Covered | Internet/Mobile Banking, ATMs, UPI, NEFT/RTGS. |
| Leadership Recognition | Rivi Varghese, CEO of Clari5, praised PNB's leadership in adopting this innovative solution. |
| National Impact | Sets a new benchmark for fraud prevention and cybersecurity in the Indian banking sector. |