Artificial Intelligence
What is the AI technique primarily used for analyzing customer sentiment from social media data?
Natural Language Processing (NLP)
This technology allows customers to use banking services from their smartphones without visiting a branch.
Mobile Banking
This trend involves banks increasingly investing in AI and machine learning to enhance customer service.
Digital Transformation
This popular fintech service simplifies online payments directly between personal bank accounts.
Peer-to-Peer (P2P) Payment Systems
This AI model can generate human-like text and is often used for tasks like content creation and customer support.
GPT (Generative Pre-trained Transformer)
This system is a real-time gross settlement system that enables funds to be transferred instantly between banks.
RTGS (Real-Time Gross Settlement)
Name the futuristic technology that involves creating digital-only branches in virtual reality.
Virtual Reality Branches
Name the fintech tool that allows investors to automate their trading strategies.
Robo-Advisors
Name the AI application used to detect fraudulent activities by analyzing patterns in banking transactions.
Fraud Detection
Name the secure communication protocol commonly used for protecting online transactions.
HTTPS (Hypertext Transfer Protocol Secure)
This concept describes a future where traditional banking services are fully integrated with everyday devices.
Embedded Banking
This fintech innovation is crucial for providing banking services to underbanked populations.
Microfinancing
This type of AI analyzes past spending to offer personalized financial advice to banking customers
Predictive Analytics
This term describes the utilization of blockchain technology in the banking sector.
Decentralized Finance (DeFi)
This banking model predicts that banks will act more like ecosystem providers, integrating financial and lifestyle services.
Banking-as-a-Service (BaaS)
This type of technology is used by fintech companies to secure data on the cloud.
Encryption
This advanced AI concept involves machines understanding and reasoning complex scenarios without human input
Artificial General Intelligence (AGI)
This recent digital banking technology uses biometrics for secure and rapid customer identification
Facial Recognition Technology
This future banking theory suggests that banks will leverage quantum computing to solve complex financial models.
Quantum Banking
This emerging fintech practice involves the use of cryptocurrencies to execute contracts and other legal documents
Smart Contract