Multiple Choice
You receive a birthday cheque from your grandmother in the mail. It is raining and you really do not feel like leaving your dorm to go to the bank to deposit your cheque. You remember that your bank allows you to take a picture of the front and back of a cheque in order to deposit it into your account-all from your mobile phone. This example illustrates which innovation in banking?
A) overdraft protection
B) convenient deposit options
C) increased access to funds
D) real-time monitoring of funds
Correct Answer:
Verified
Correct Answer:
Verified
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