FinTech Regulation and Evolution Quiz

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10 Questions

What is the main difference between 'Tech for finance' and 'FinTech'?

Tech for finance focuses on traditional financial services, while FinTech focuses on disruptive financial innovations.

Which version of FinTech is associated with a shift from analog to digital technologies like ATMs and digital stock exchanges?

Fintech 2.0

Which type of financial innovation falls under Fintech 3.0?

QR Codes

What technology is primarily associated with Fintech 4.0?

Stable-coins

Which financial service falls under Fintech 1.0 and Fintech 2.0?

Peer to Peer FX Networks

What type of insurance falls under the category of 'Smart Contract Driven' according to the text?

(Underwriting and Claims)

Which financial service is NOT associated with Fintech 4.0 according to the text?

(Underwriting and Claims)

'Decentralization and empowerment of users with Web3 technology and AI' primarily characterize which version of FinTech?

(post 2010s to now)

'P2P Mutual Insurance' falls under which category according to the text?

(Decentralized Blockchain Evidence and Process)

'Compliance and Regulations' are associated with which type of insurance according to the text?

(Manual KYC and AML)

Test your knowledge on FinTech regulation and evolution with this quiz. Explore how regulations enable new entrants and offerings in the financial technology sector, and how they shape the landscape for FinTech firms and services.

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