FIntech

What is fintech short for?

• Financial technology

• Financial techniques

• Financial transactions

Which of the following is NOT an area of fintech?

• Payments

• Healthcare

• Lending

What is a common use of blockchain technology in fintech?

• Social media integration

• Cryptocurrency transactions

• Data storage

Which of the following is a benefit of using robo-advisors?

• Higher fees

• Personalized investment advice

• 24/7 availability

What does the term 'peer-to-peer lending' refer to?

• Direct lending between individuals

• Borrowing from banks

• Investing in stocks

What is one of the main advantages of using mobile payment apps?

• Limited accessibility

• Convenience and speed

• Increased transaction fees

Which of the following technologies is commonly associated with fintech?

• Traditional banking

• Television broadcasting

• Artificial Intelligence

What does the term 'crowdfunding' refer to?

• Collective funding from multiple individuals

• Government grants

• Funding from a single investor

What is the primary purpose of a digital wallet?

• To manage credit scores

• To facilitate online transactions

• To store physical cash

Which of the following best describes 'robo-advisors'?

• Human financial advisors

• Automated investment platforms

• Traditional banks