Discoveries B1 :Pretest

Narrator:

Listen to part of a talk on banking trends.

Lecturer:

Today's lecture is about trends in banking. I'm going to talk about three major trends: mobile banking, improved security, and social media.

The first trend is mobile banking - more and more people are using their smartphones to do their banking. With mobile banking, you're able to do your banking from anywhere in the world. There's even an app to deposit checks. All you have to do is sign into your account, take a picture of the check with the camera on your device, and submit the image for deposit.

Other apps let you make mobile payments at stores. You save your credit or debit card information on your mobile device. To pay, you just hold your phone over a special reader at the checkout counter.

Another trend we're seeing is more secure payment systems. Newer identification methods use biometrics. When you use biometrics, your physical traits, such as your face, eyes, and fingerprints, are scanned into a computer. The information is then saved in a database. The next time you go to your bank, you're scanned again. If your scan matches, you can access your account! Biometrics makes life much harder for hackers and people who want to steal your identity.

The third trend I'd like to talk about is the use of social media. Banks today are interacting more and more with their customers on social media sites. Customers use their bank's social media site to post questions or complaints. Banks are also using social media to find out more about their customers' interests and banking needs.

Another combination of banking and social media is 'peer-to-peer,' or 'p2p,' money transfers. These are apps that connect to social media sites, so you're able to send money directly to your friends.

To review, the three banking trends we discussed today are: mobile banking, advanced security methods, and use of social media. Keep an eye out for these trends and watch how they shape the future of banking.

1. 1. What do the three trends discussed in the slide show have in common?

• They all have extra maintenance fees.

• They all involve technology.

• They all require you to use social media.

• They all only work with smartphones.

Narrator:

Listen to part of a talk on banking trends.

Lecturer:

Today's lecture is about trends in banking. I'm going to talk about three major trends: mobile banking, improved security, and social media.

The first trend is mobile banking - more and more people are using their smartphones to do their banking. With mobile banking, you're able to do your banking from anywhere in the world. There's even an app to deposit checks. All you have to do is sign into your account, take a picture of the check with the camera on your device, and submit the image for deposit.

Other apps let you make mobile payments at stores. You save your credit or debit card information on your mobile device. To pay, you just hold your phone over a special reader at the checkout counter.

Another trend we're seeing is more secure payment systems. Newer identification methods use biometrics. When you use biometrics, your physical traits, such as your face, eyes, and fingerprints, are scanned into a computer. The information is then saved in a database. The next time you go to your bank, you're scanned again. If your scan matches, you can access your account! Biometrics makes life much harder for hackers and people who want to steal your identity.

The third trend I'd like to talk about is the use of social media. Banks today are interacting more and more with their customers on social media sites. Customers use their bank's social media site to post questions or complaints. Banks are also using social media to find out more about their customers' interests and banking needs.

Another combination of banking and social media is 'peer-to-peer,' or 'p2p,' money transfers. These are apps that connect to social media sites, so you're able to send money directly to your friends.

To review, the three banking trends we discussed today are: mobile banking, advanced security methods, and use of social media. Keep an eye out for these trends and watch how they shape the future of banking.

What is true about p2p money transfers?

• They let you send money to friends.

• 
  You need a special reader to complete a transfer.

• 
  They let you make mobile payments at stores.

• You must scan your fingerprint first.

5. Narrator: Listen to part of a talk on banking trends.

   Lecturer: Today's lecture is about trends in banking. I'm going to talk about three major trends: mobile banking, improved security, and social media.

   The first trend is mobile banking - more and more people are using their smartphones to do their banking. With mobile banking, you're able to do your banking from anywhere in the world. There's even an app to deposit checks. All you have to do is sign into your account, take a picture of the check with the camera on your device, and submit the image for deposit.

   Other apps let you make mobile payments at stores. You save your credit or debit card information on your mobile device. To pay, you just hold your phone over a special reader at the checkout counter.

   Another trend we're seeing is more secure payment systems. Newer identification methods use biometrics. When you use biometrics, your physical traits, such as your face, eyes, and fingerprints, are scanned into a computer. The information is then saved in a database. The next time you go to your bank, you're scanned again. If your scan matches, you can access your account! Biometrics makes life much harder for hackers and people who want to steal your identity.

   The third trend I'd like to talk about is the use of social media. Banks today are interacting more and more with their customers on social media sites. Customers use their bank's social media site to post questions or complaints. Banks are also using social media to find out more about their customers' interests and banking needs.

   Another combination of banking and social media is 'peer-to-peer,' or 'p2p,' money transfers. These are apps that connect to social media sites, so you're able to send money directly to your friends.

   To review, the three banking trends we discussed today are: mobile banking, advanced security methods, and use of social media. Keep an eye out for these trends and watch how they shape the future of banking.

6. 3. In order to deposit a check using a mobile app, what is the first thing you must do?

• 
  Take a picture of the check.

• 
  Send a picture of the check to your bank.

• 
  Sign in to your account.

• 
  Send a message to your bank.

The woman in the picture is most probably a...

• 
  hotel receptionist.

  
  

• 
  bank teller.

• customer.

• 
  office worker.

Which statement is True about the woman in the picture?

• She is writing a check.

• She is talking on the phone.

• She is holding some money.

• She is happy with her customers.

What can you see in this picture?

• Mobile banking

• Cash deposite

• Cash dispenser

• Bank teller

7. What can you see in the picture?

• Cash withdrawal

• Bank teller

• ATM

• Credit Card

It..................be hard to find the perfect bank. Can you help me find one?

• can

• should

• able to

• ought

I'm all out of money. I.................go to the ATM.

• should

• ought to

• have to

• never

10. 10.You have no more money in your wallet. What should you do?

• Speak to a bank teller.

• Withdraw money from an ATM.

• Apply for a credit card.

• Deposit a check.