1. In terms of risk performance, although digital banks can offer
deposit facilities, loans and investment products, they can
decrease credit their credit risk dramatically and reach zero
risk levels.
Select one: True or False

2. Hong Kong and Singapore already licensing digital banks to
operate within their territories.

Select one: True or False

3. It is most likely that digital banks can decrease their
operation cost since they don't have to operate physical
outlets.

Select one: True or False

4. Which of the following is TRUE?

Select one:

a. Digital banks can be very useful in helping under
banked segment like SMEs and individuals
b. Digital banks represent a real competition to the
incumbent banks
c. Digital banks can have higher technology risk as they
can be under cyber security attacks.

d. All of the other listed option are correct

5. According to Brain Moynihan CEO of Bank of America in the video uploaded, it seems that customer experience and bank performance and efficiency can be better if incumbent banks adopt more digital banking.

Select one:

a. Agree with the statement above

b. I don't agree with statement above

c. It is too early to conclude that bank performance in terms of profit and risk control will be better under full digital banking.

Answer rating: 100% (QA)

Answer 1 True In terms of risk performance although digital banks can offer deposit facilitie... View the full answer