FinTech Module 2

Word Cloud

What are different ways of sending money to your friends?

Multiple Choice

What is the most common method that people use to load their mobile wallet payments?

• Cash deposit in shop

• Government benefit payments

• P2P payment

• ATM

Multiple Choice

Which the following is NOT a participant in the four corners payment model?

• Payer

• Payee

• Financial institution of payer/payee

• Network

Multiple Select

Major categories of risks in finance are:

• Credit risk

• Operational risk

• Market risk

• Liquidity risk

Multiple Choice

RegTech is a sub-set of FinTech that focuses on

technologies that may facilitate the delivery of

regulatory requirements more efficiently and

effectively than existing capabilities.

• True

• False

• Maybe

• I don't know