Banking
VOCABULARY 1 -
BANKING
Banking security
VOCABULARY 2 –
BANKING SERVICES
DEFINITIONS
100

What are mobile-only banks?

They are banks which only offer mobile banking and don’t have any branches.

100

What’s the Italian for "text alert"?

Notifica SMS

100

What sensitive information do cybercriminals try to obtain?

PIN numbers, passwords and bank details.

100

What’s the Italian for "current account"?

Conto corrente

100

What does this definition refer to?

"A series of letters, symbols and numbers selected by the user to access a computer or a system".

Password

200

What can you do at a cashpoint?

You can withdraw cash.

200

What’s the Italian for "complaint"?

Reclamo

200

What are Secure Socket Layer and Transport Layer Security?

They’re standard security technologies to encrypt all transactions.

200

What’s the Italian for "standing order?

Ordine permanente.

200

What does this definition refer to?

"Technology that shows the place where you are when using the internet or mobile phone".

Geolocation.

300

What do you use to pay without using cash or swiping the card?

A contactless card.

300

What’s the Italian for "mortgage"?

Mutuo

300

What do you have to do if you receive an email or text message from your bank?

Never click on to the link to the website and enter personal details.

300

What’s the Italian for "statement of account"?

Estratto conto.

300

What does this definition refer to?

"To convert information or data into a code, especially to prevent unauthorized access".

To encrypt.

400

What is a deposit account?

It is an account in which money can be left for a period of time.

400

What’s the Italian for "to withdraw"?

Prelevare

400

What is phishing?

It is an online fraud in which criminals send bogus email inviting people to click on a fake bank website to steal bank details.

400

What’s the Italian for "credit or bank transfer"?

Bonifico

400

What does this definition refer to?

A financial arrangement in which a person or company hires equipment such as machinery, computers and cars for a fixed period of time.

Leasing

500

Name 5 banking tasks you can carry out online.

Paying bills, purchasing goods, checking account balances, transferring money between bank accounts.

500

What’s the Italian for "account balance"?

Saldo di un conto bancario.

500

Name 5 ways used by banks to make remote banking more secure.

Multi-factor authentication, geolocation, device recognition, transaction monitoring, SSL and TLS technologies.

500

What’s the Italian for "cash flow"?

Liquidità.

500

It is a fund provided by a bank for periods of negative cash flow or for an unexpected emergencies.

Overdraft.

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