Questions and Answers
What is the primary difference between mobile banking and internet banking?
Mobile banking is accessed through a smartphone application, while internet banking is accessed through a browser on a computer.
Which service is NOT typically offered by mobile banking applications?
Cheque confirmation
What is AccessMore known for in terms of its services?
Link BVN
What type of loans can be accessed through QuickBucks?
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Which term refers to any application software that can be used by a computer, mobile device, or tablet to perform useful tasks?
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What is the main difference between a software application and an app?
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What type of banking service allows clients to access traditional banking services via the internet?
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Which of the following is NOT considered a Consumer Banking Product?
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What type of service involves Financial Advisory, Mergers & Acquisition, and Capital Market Activities?
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Which international banking service involves Correspondent Banking and LC's & Bills for Collection?
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In the context of the text, what distinguishes Online Banking from Mobile Banking?
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Which product or service is NOT considered part of Digital Banking?
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What is the main purpose of Mobile Banking?
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How is the concept of fintech (financial technology) related to banking?
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In the context of banks, what does 'Financial Intermediation' refer to?
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How do banks act as 'sturdy bridges' in the analogy mentioned in the text?
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What role do banks play in 'Depository Services'?
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How does Mobile Banking differ from SMS banking?
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