Multiple Choice
Which of the following is a challenge faced by a virtual bank?
A) Ability to verify real time account balances
B) Ability to confirm that deposits of funds have been received
C) Ability to submit applications for loans and credit cards
D) Ability to move funds instantly from one account to another
E) Ability to prevent identity theft
Correct Answer:

Verified
Correct Answer:
Verified
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Q12: _ allows customers to carry pocket-sized terminals
Q13: A customer can use a POS terminal
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Q16: A(n)_ bank is one that offers its