Banking
What is one thing that a user can do with online/mobile banking?
What is one example of a Robo-Advisor?
Acorn, Robinhood, Betterment, E*Trade
What is the name for the specific microtransaction where the item you receive is random?
Loot box
How can banks send alerts to users?
Text message, email, app notification
What is the name of the malicious software used to gain access to peoples' banking information?
Bank Trojans
What information does a user give to their Robo-Advisors to use in their algorithm?
Financial goals, risk tolerance
What is it called when someone believes that the more they gamble, the closer they are to winning?
Gambler's Fallacy
What do Robo-Advisor companies neglect with their advertising?
How big a risk investing is
What are two pros to online banking?
Convenience, Security, Tracking Capabilities
What company was sued for collecting an excessive amount of data from its user?
Plaid
What laws to most countries have against loot boxes?
None. They are unregulated.
How can there be discrimination with Robo-Advisors?
Human data that is bias, location-based services
What is the name of the Banker Trojan that was issued through two specific apps on the Google Play Store?
Sharkbot
What is the feature called where a Robo-Advisor takes a purchase up to the next dollar and invests the extra change?
Round up feature
Why did Belgium place heavy restrictions on loot boxes?
Why do video game companies use microtransactions?
To make money, to keep their games interesting
What percentage of data breaches are financially motivated?
71%
How much was Robinhood sued for how they handled the Gamestop stock incident?
$70 million
How could loot boxes affect a video game developer professionally?
Discouraging to see people not enjoy your product
What does China require games to do in reference to loot boxes?
List exact probabilities, capped the number of loot boxes one can purchase in a day