Fintech Regulation and Design Thinking

Fintech Regulation and Design Thinking

Professional Development

10 Qs

quiz-placeholder

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Fintech Regulation and Design Thinking

Fintech Regulation and Design Thinking

Assessment

Quiz

Financial Education

Professional Development

Practice Problem

Easy

Created by

Francis Adrian Viernes

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has driven the fintech growth in the Philippines?

Government corruption

A young and tech-savvy population

Declining internet usage

Lack of mobile phones

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name the main body regulating and supervising financial institutions in the Philippines.

Securities and Exchange Commission (SEC)

Philippine Stock Exchange (PSE)

Bangko Sentral ng Pilipinas (BSP)

Department of Finance (DOF)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is digital banking?

Physical banking at ATMs

Banking through traditional paper methods

The digitization of all traditional banking products and services

Banking without any internet access

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define electronic remittances.

Sending money through physical mail

Digital transfers of funds across borders

Depositing cash at a bank branch

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a leading fintech subsector in the Philippines?

E-commerce

Digital Payments and Mobile Wallets

Retail Banking

Real Estate

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can AI be used in fraud prevention

By analyzing client behavior and identifying unusual patterns

By increasing the use of cash transactions

By centralizing data storage

By reducing the need for encryption

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of SupTech in the financial sector?

Facilitating traditional banking processes

Digitizing supervisory and regulatory processes

Increasing manual reporting

Reducing compliance requirements

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