A) Online investment services that require customers to have a large portfolio in order to use this service. B) Are online investment services that at this time are more expensive than human advisors. C) Are human financial advisors that help customers online. D) Complete online investment services that use algorithms to complete the tasks. E) Allow human financial advisors to be more cost effective with customers that have smaller accounts. A) Online investment services that require customers to have a large portfolio in order to use this service. B) Are online investment services that at this time are more expensive than human advisors. C) Are human financial advisors that help customers online. D) Complete online investment services that use algorithms to complete the tasks. E) Allow human financial advisors to be more cost effective with customers that have smaller accounts.

Exam 18: Fintech Risks

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Peer-to-Peer (P2P) payments or transfers allow customers to use a bank account to pay friends and family from their mobile phone, however currently P2P is not yet linked to credit or debit cards.

(True/False)

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Question 41

Between 2015 to 2018, what percentage did the usage of internet on mobile phones increase?

(Multiple Choice)

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Question 42

The BCBS categorizes fintech innovations into four product sectors: credit, deposit, and capital-raising services; payments, clearing, and settlement services; investment management services; and market support services related to innovations and new technologies.

(True/False)

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Question 43

Distributed ledger technology works alongside centralized entities for record storage.

(True/False)

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Question 44

Fintech has advantages such as being unburdened by regulators, legacy IT systems, branch networks, and not having the need to protect existing businesses.

(True/False)

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Question 45

Which of the following factor has discouraged the need for fintech

(Multiple Choice)

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Question 46

There is little risk of distributed ledger disrupting the way stocks are issued and traded.

(True/False)

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Question 47

Robo-advisors

(Multiple Choice)

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Question 48

Benefits to smart contracts are they run exactly as programmed without downtime, censorship, fraud, or third-party interference.

(True/False)

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Question 49

Fintechs trading technology allows trades to be exchanged in

(Multiple Choice)

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Question 50

What was the first electronic system that provided real time stock quotes?

(Multiple Choice)

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Question 51

What are the "big C" advantages that retail banks hold over fintech:

(Multiple Choice)

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Question 52

Central bank digital currencies (CBDC) refers to a new form of digital central bank money that is distinguishable from reserves or settlement balances traditionally held by commercial banks at central banks.

(True/False)

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Question 53

Which two countries lead the growth in fintech adoption?

(Multiple Choice)

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Question 54

PayPal is the most expensive option for P2P by charging 2.9% fee for money sent from a debit or credit card with a 30 cents surcharge additional,

(True/False)

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Question 55

Online services that use algorithms to automatically perform investment tasks previously done by human financial advisors are referred to as "financial advisor-bots".

(True/False)

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Question 56

Bitcoin is the biggest, most widely used, and most developed smart contracts platform in the world.

(True/False)

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Question 57

Google Pay allows users to

(Multiple Choice)

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Question 58

The Internet-of-things is slang for mobile devices that can be used in the business setting through applications and web technology.

(True/False)

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Question 59

Zelle, acquired by PayPal is a popular payment app that allows customers to send cash with same-day transfers to anyone with an account at a participating bank.

(True/False)

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Question 60

Showing 41 - 60 of 94

Exam 18: Fintech Risks

Peer-to-Peer (P2P) payments or transfers allow customers to use a bank account to pay friends and family from their mobile phone, however currently P2P is not yet linked to credit or debit cards.

Between 2015 to 2018, what percentage did the usage of internet on mobile phones increase?

The BCBS categorizes fintech innovations into four product sectors: credit, deposit, and capital-raising services; payments, clearing, and settlement services; investment management services; and market support services related to innovations and new technologies.

Distributed ledger technology works alongside centralized entities for record storage.

Fintech has advantages such as being unburdened by regulators, legacy IT systems, branch networks, and not having the need to protect existing businesses.

Which of the following factor has discouraged the need for fintech

There is little risk of distributed ledger disrupting the way stocks are issued and traded.

Robo-advisors

Benefits to smart contracts are they run exactly as programmed without downtime, censorship, fraud, or third-party interference.

Fintechs trading technology allows trades to be exchanged in

What was the first electronic system that provided real time stock quotes?

What are the "big C" advantages that retail banks hold over fintech:

Central bank digital currencies (CBDC) refers to a new form of digital central bank money that is distinguishable from reserves or settlement balances traditionally held by commercial banks at central banks.

Which two countries lead the growth in fintech adoption?

PayPal is the most expensive option for P2P by charging 2.9% fee for money sent from a debit or credit card with a 30 cents surcharge additional,

Online services that use algorithms to automatically perform investment tasks previously done by human financial advisors are referred to as "financial advisor-bots".

Bitcoin is the biggest, most widely used, and most developed smart contracts platform in the world.

Google Pay allows users to

The Internet-of-things is slang for mobile devices that can be used in the business setting through applications and web technology.

Zelle, acquired by PayPal is a popular payment app that allows customers to send cash with same-day transfers to anyone with an account at a participating bank.

Why Are Financial Institutions Special

Financial Services: Depository Institutions

Financial Services: Finance Companies

Financial Services: Securities Brokerage and Investment Banking

Financial Services: Mutual Funds and Hedge Funds

Financial Services: Insurance

Risks of Financial Institutions

Interest Rate Risk I

Interest Rate Risk II

Credit Risk: Individual Loan Risk

Credit Risk: Loan Portfolio and Concentration Risk

Liquidity Risk

Foreign Exchange Risk

Sovereign Risk

Market Risk

Off-Balance-Sheet Risk

Technology and Other Operational Risks

Liability and Liquidity Management

Deposit Insurance and Other Liability Guarantees

Capital Adequacy

Product and Geographic Expansion

Futures and Forwards

Options, Caps, Floors, and Collars

Swaps

Loan Sales

Securitization

Filters