Practice Fintech And Digital Payments (4.6.7) - Globalisation and Recent Trends in Business

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10 questions

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4 questions · about 3 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What does FinTech stand for?
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Think about the integration of finance and technology.
Question 2.
Give one example of a digital payment system.
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Think about electronic money transfer apps.
3Question 3.
What does FinTech primarily deal with?
- Technology in sports
- Financial technology
- Healthcare technology
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Think about the financial services industry.
4Question 4.
True or False: UPI allows users to make payments using only a mobile number.
- True
- False
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Consider how you might send money instantly to someone without needing their banking info.
Question 5.
Evaluate how the rise of FinTech might influence traditional banks over the next decade.
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Consider what you would want from a bank versus what FinTech offers.
Question 6.
Propose a solution to enhance user security in digital payments while maintaining convenience.
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Think about technologies you use every day that keep your data safe.

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