Multiple Choice
Jeff and Nathan are going to a concert and Jeff forgot his wallet back at home. Nathan has extra cash and lends Jeff $100. Jeff has his phone with him and Interac e-transfers the $100 to Nathan. This example illustrates which innovation in banking?
A) theft 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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