Why Plaid Agreed to Be Acquired by Visa
Interactive Video
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Business, Social Studies
•
University
•
Hard
Wayground Content
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason Plaid decided to partner with Visa?
To accelerate their mission of making money easy
To expand their product line
To enter new geographical markets
To reduce operational costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor driving the merging of fintech and software industries?
The benefits of fintech to consumers
The demand for traditional banking services
The decline of digital payment methods
The need for more physical bank branches
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why haven't big banks acquired companies like Plaid?
They prefer to develop their own technology
They want to maintain neutrality in fintech infrastructure
They lack the financial resources
They are not interested in fintech
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a challenge for traditional financial firms when dealing with startups?
Startups lack technological expertise
Startups have outdated business models
Startups have a different relationship with modern consumers
Startups are too slow to adapt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do smaller fintech firms maintain an edge over larger financial institutions?
By having a larger workforce
By being more nimble and quick to adapt
By offering lower interest rates
By focusing on traditional banking services
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