Fintech

Stripe is a technology company that builds economic infrastructure for the internet. What are some of its customers? a. Amazon, Google, Shopify, Microsoft b. American Express, Money Gram, PNC, Santander c.DiDi, Nasdaq, SBI Remit, Instarem d. All of the above

a. Amazon, Google, Shopify, Microsoft

What is the downside of using FinTech? a. Security risks b. No uniform standards c. Complex networks d. All of the above

d. All of the above

How does FinTech help businesses and consumers? a. Helps them efficiently manage their financial operations by utilizing specialized software and algorithms that are used on computers, and now smartphones. b. Records all Bitcoin transactions, eliminating the need for a third party to process payments. c. By allowing workloads to move between private and public clouds as computing needs and costs change d. All of the above

a. Helps them efficiently manage their financial operations by utilizing specialized software and algorithms that are used on computers, and now smartphones.

What intermediaries do you have to go through to use FinTech? a. No intermediaries b. Banks c. Government d. b and c

a. No intermediaries

What is Bitcoin? a. a digital unit designed to provide access to a system. b. A digital currency that was created in January 2009 and is not backed by any country's central bank or government. Also known as cryptocurrency. c. a particular fungible and tradable asset or a utility that is often found on a blockchain. d. It is a decentralized virtual currency and uses peer-to-peer technology to carry out its operations.

b. A digital currency that was created in January 2009 and is not backed by any country's central bank or government. Also known as cryptocurrency.

What type of infrastructure does Stripe have? a. Application-based b. Cloud-based c. System-based d. ETL-based

b. Cloud-based

What are the top 3 top FinTech companies? a. Ripple, Coinbase, b. Stripe, Ripple, Coinbase c. Ripple, Avant, Klarna d. Coinbase, Tala, Commonbond

b. Stripe, Ripple, Coinbase

The larger the network a. The easier to maintain b. The more difficult to maintain c. The more complex the information will be d. The less complex the information will be

b. The more difficult to maintain

What is the basic definition of fintech? a. The major technology companies such as Apple, Google, Amazon and Facebook, which have inordinate influence. b. Technology that aims to protect data and preventing data breaches. c. Computer programs and other technology used to support or enable banking and financial services d. Delivery of different services on external data centres and without direct management by the user.

c. Computer programs and other technology used to support or enable banking and financial services

What financial activities are completed through Fintech? a. Money Transfers and depositing a check with your smartphone b. Bypassing a bank branch to apply for credit c. Raising money for business startup and managing investments d. All of the above

d. All of the above