What does the term "FinTech" stand for?

Fintech Midterm

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Other
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University
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Easy
Renz Hector
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial Technologies
Financial Transaction
Financial Technology
Financial Tracking
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which decade did the term "FinTech" gain widespread usage?
1980s
1990s
2000s
2010s
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which year saw the launch of PayPal, one of the earliest FinTech platforms?
1998
2001
2005
2010
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the Dodd-Frank Wall Street Reform and Consumer Protection Act in the context of FinTech?
It introduced the concept of Bitcoin
It laid the foundation for FinTech regulation
It facilitated the first ICO
It established the first blockchain consortium
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a primary driver of FinTech growth related to consumer behavior?
Preference for traditional banking
Resistance to digital transactions
Demand for personalized and convenient financial services
Lack of interest in mobile apps
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a regulatory driver influencing FinTech development?
Increased bureaucracy
Regulatory sandbox programs
Limiting innovation
Prohibition of digital transactions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of FinTech companies in disrupting traditional financial services?
Maintaining status quo
Encouraging manual transactions
Innovating and improving financial services
Reducing digital accessibility
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