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Fintech and its Impact on the Financial Services Industry

Authored by English For Specific Purposes

Social Studies

Professional Development

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Fintech and its Impact on the Financial Services Industry
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is fintech?

A technology used for virtual reality gaming

A term used to describe financial technology

A type of cryptocurrency

A platform for online shopping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of fintech?

Donating to a charity

Buying groceries at a supermarket

Watching a movie at a theater

Reading a book at a library

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much global investment has been made in the fintech sector since 2010?

Less than $10 billion

Around $50 billion

Approximately $100 billion

More than $200 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry is fintech primarily disrupting?

Healthcare

Education

Banking and finance

Transportation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries have the highest adoption of fintech services?

United States and Canada

China and India

United Kingdom and Germany

Australia and New Zealand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people worldwide do not have bank accounts?

Less than 500 million

Around 1 billion

Approximately 1.5 billion

More than 2 billion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is M-Pesa?

A mobile banking system in Kenya

A social media platform

A virtual reality game

A cryptocurrency

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