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