Digital Banking
What type of bank service lets customers deposit checks using a smartphone?
Mobile banking
What term describes people who have limited or no access to traditional banking services?
Who are the unbanked?
What scam uses fake emails or text messages to trick users into giving personal information?
What is phishing?
What form of payment has become less common because of digital wallets and payment apps?
What is cash?
What technology records cryptocurrency transactions on a secure distributed ledger?
What is blockchain?
What digital tool lets consumers access accounts, transfer money, and pay bills from a phone?
mobile banking app
Digital wallets help many consumers make payments without needing what traditional financial product?
What is a bank account?
What security feature requires users to verify their identity using two methods?
What is multi-factor authentication (MFA)?
What peer-to-peer payment apps allow people to instantly send money to friends and family?
What are Venmo, Cash App, or Zelle?
What type of digital asset includes Bitcoin and Ethereum?
What is cryptocurrency?
What banking feature sends customers real-time alerts about spending and account activity?
What are account notifications/alerts?
What financial technology has expanded access to loans for people with limited credit history?
What is online lending/fintech lending?
What type of data should consumers protect when using fintech apps?
What is personal financial information?
What consumer behavior has increased because of one-click digital payments?
What is online shopping?
What technology uses algorithms to help financial institutions detect fraud?
What is artificial intelligence (AI)?
What technology allows consumers to pay by tapping their phone or smartwatch?
What is contactless payment (NFC)?
What type of technology allows people in remote areas to access financial services using a phone?
What is mobile banking?
What cybercriminal activity involves stealing someone else's financial identity?
What is identity theft?
What concern do many consumers have about fintech companies collecting personal data?
What is privacy?
What automated investment service uses algorithms to manage portfolios?
What is a robo-advisor?
What type of bank operates primarily online and has few or no physical branches?
What is a digital bank (online bank)?
What is the term for ensuring everyone has access to affordable financial products and services?
What is financial inclusion?
What process converts data into unreadable code to protect it from hackers?
What is encryption?
What societal issue can occur when some groups lack internet access needed for digital finance?W
What is the digital divide?
What emerging technology could allow financial transactions and services in virtual worlds?
What is the metaverse?