Know Your App
What application provides the ability to retrieve, add, and update client and consumer bank account details, information and statuses?
BBA
What is the official currency of Japan?
Yen
How many sides does a hexagon have?
Six
Legit or Lie: A wire transfer is always reversible if the sender changes their mind
Lie - wires are generally difficult to recall once executed; a recall is not guaranteed.
What does IBAN stand for?
International Bank Account Number
What Disney movie is about a poor young man who discovers a magic lamp and takes a royal-sized step toward wealth?
Aladdin
Which of these animals has three hearts: an octopus, a horse, or a penguin?
Octopus
A farmer has 17 sheep. All but 9 run away. How many sheep are left?
Nine
This application contains information about TA and VBA issued checks (check number, issue date, amount etc.) from various banks.
What is NEK?
The euro is used as the official currency in countries such as France an Germany. What is the name of the group of EU countries that use it?
The Eurozone
What is the largest ocean on Earth?
Pacific Ocean
Legit or Lie: ACH payments can be used for recurring payments such as payroll and monthly bills
Legit - ACH supports recurring credits and debits.
In an international wire transfer, what does BIC stand for?
Business Identifier Code
What movie follows eleven thieves that plan to rob three Las Vegas casinos in a single night?
Ocean's Eleven
Which sense is most closely linked to memory and emotion: smell, touch, or hearing?
Smell
What gets wetter the more it dries?
A towel
What application supports wire and ACH transmissions to PNC?
BP3
What is the official currency of Switzerland?
Swiss Franc
What is the capital city of Australia?
Canberra
Legit or Lie: A bank can always stop an ACH payment after it has been submitted, regardless of its processing status
Lie - cancellation option depends on timing, processing status, and applicable rules.
In ISO 20022, what does the message type pacs.008 generally represent?
A Financial Institution to Financial Institution Customer Credit Transfer
In what file does Gordon Gekko deliver the famous line,"Greed, for lack of a better work, is good."
Wall Street
What is the only letter that does not appear in any US state name?
Q
What has a head and a tail but no body?
A coin
What application generates TA and VBA check numbers
CG7
Which country introduced the plastic polymer banknote into general circulation in 1988, becoming a pioneer in modern polymer currency?
Australia
What country gifted the Statue of Liberty to the United States?
France
Legit or Lie: A payment can be successfully transmitted to a bank but still fail to reach the intended beneficiary.
Legit - transmission is not the same as final processing or beneficiary receipt.
In a payment message, what does "ultimate creditor" identify?
Who is the ultimate party intended to benefit from the funds, when distinguished from the direct creditor or account holder.
Jordan Belfort builds a fortune as a stockbroker before his extravagant lifestyle and financial crimes catch up with him in this 2003 film
Wolf of Wall Street
Which came first: the first practical telephone or the first modern Olympic Games?
The Telephone: 1876
If you overtake the person in second place in a race, what place are you in?
Second Place
What application provides domestic and foreign bank information based on routing number or SwiftCode? The service also returns fraudulent bank information.
FIW
Which country's 100-trillion-dollar banknote became famous during its hyperinflation crisis in the 2000's?
Zimbabwe
What is the chemical symbol for gold?
Au
Legit or Lie: A payment sent using ISO 20022 is automatically faster than one sent using an older message format.
Lie - ISO 20022 standardized payment data and messaging; by itself, it does not guarantee faster settlement.
This banking term describes the process of matching a bank's records against a company's internal records to identify discrepancies in transactions or balances.
Reconciliation
In The Big Short, which financial instrument did Michael Burry and other investors use to bet against the US housing market?
Credit Default Swaps (CDS)
What is the name for the dot over a lowercase “i” or “j”?
Tittle
A clock takes 5 seconds to strike 6. At the same pace, how long does it take to strike 12?
11 seconds (5 intervals between 6 strikes; 11 intervals between 12 strikes)