FINTECH IN BANKING SECTOR

FINTECH IN BANKING SECTOR

KG

10 Qs

quiz-placeholder

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FINTECH IN BANKING SECTOR

FINTECH IN BANKING SECTOR

Assessment

Quiz

Computers

KG

Hard

Created by

Nam Nguyen

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is correct about the definition of fintech?

Technology-enabled innovation in financial services associated with new business models, applications, processes or products, all of which have a material effect

Technology-enabled innovation only in financial institution associated with new business models, applications, processes or products, all of which have a material effect

Technology-enabled innovation only in financial institution associated with new business models, applications, processes or products, all of which have not a material effect

Technology-enabled innovation only in financial institution associated with technology companies just to launch new product

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Reason behind emerging FinTech, except:

Technology

Demographics

Mobile financial services provide cheap banking solutions the unbanked

Satisfied customers

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Credit cards are one of the technological innovations implemented in financial services, which was found in

1950s

1850s

2005s

1990s

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If they cannot evolve to use technology to become a part in the current financial services model, they will be gone like dinosaurs. "They" means refer to

startup

existing large bank and financial institution

Entrepreneurs

Customers

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This is the actors of financial technology industry:

1. financial institution

2. technology companies

3. startup

4. business and accountancy advisory firms

Which is the correct answer

1, 2, 3

1, 2, 4

all are correct

only 1 and 4

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

There are so many kind of technology that contribute to Fintech.

A specific type of database which differs from a typical database in the way it stores information; store data in blocks that are then chained together. As new data comes in it is entered into a fresh block. Thats explanation is refer to

Big data

Machine Learning

Blockchain

Robotic process automation

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is the appropriate statement about open/ public API (Application Programming Interface)?

is a subfield of linguistics, computer science, and artificial intelligence concerned with the interactions between computers and human language, in particular how to program computers to process and analyze large amounts of natural language data.

an application of artificial intelligence (AI) that provides systems the ability to automatically learn and improve from experience without being explicitly programmed.

automation process works for companies instead of human beings and it can reduce human error always.

a publicly available application programming interface that provides developers with programmatic access to a proprietary software application or web service. 

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