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Questions and Answers
What is Mobile Banking also known as?
What is Mobile Banking also known as?
- Digital Banking
- E-banking
- Online Banking (correct)
- Virtual Banking
What does Bank Account Management (BAM) include?
What does Bank Account Management (BAM) include?
- Negotiation and management of account services and fees (correct)
- Managing the interrelationships among accounts
- Regulatory reporting and compliance
- All of the above
What is one of the benefits of Mobile Banking?
What is one of the benefits of Mobile Banking?
- Unlimited cash withdrawals
- Access to higher interest rates
- No need for account security
- Manage your money anytime and anywhere (correct)
What is the main focus of Bank Account Management (BAM)?
What is the main focus of Bank Account Management (BAM)?
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What are some security concerns associated with Mobile Banking?
What are some security concerns associated with Mobile Banking?
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