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10 Questions

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Benefits of Online Banking for Banks

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Questions and Answers

What technology is better suited for identifying complex, non-linear relationships in extremely large datasets?

Automated trading applications

Statistical analysis

Artificial intelligence (AI) (correct)

Traditional quantitative methods

In the context of automated trading, what benefits can computer algorithms provide to investors?

Higher transaction costs

Lower anonymity

More efficient trading (correct)

Reduced access to market liquidity

What drives fintech development in the areas of large datasets and analytical tools?

Rapid growth in data and technological advances (correct)

Static data quality

Technological stagnation

Decrease in data quantity and sources

How is a Blockchain described in the text?

Decentralized, public ledger Signup and view all the answers

What can blockchain be programmed to record according to the text?

Virtually everything of value Signup and view all the answers

Which technology is considered capable of tasks that previously required human intelligence?

Artificial intelligence (AI) Signup and view all the answers

What is the main benefit of executing investment decisions through computer algorithms?

More efficient trading Signup and view all the answers

What kind of ledger is a Blockchain as per the text?

Incorruptible digital ledger Signup and view all the answers

What are complimentary applications of blockchain, cryptocurrency, and fintech mentioned in the text for delivering?

New kinds of financial services Signup and view all the answers

What is considered to be parallel to fintech development according to the text?

Birth of cryptocurrency and blockchain Signup and view all the answers