Answer all the QUESTION BELOW: *QUESTION: 1n y0r 0w w0rds explain each in more than three sentences and give each an examples. The 5 Hottest Technologies in Banking 2020 1) Digital Account Opening Digital accounting opening (DAO) is the most popular technology for the third year in a row, with a third of banks and credit unions expecting to add new or replacement systems in 2020. An additional 46% plan to modify or enhance their existing DAO systems, up from the 39% who said they would do so in 2019. 2) Person-to-Person (P2P) Payments Roughly three in 10 institutions plan to select a new or replacement P2P payment tool in 2020. That percentage is down from the 35% who planned to do so in 2019. But the number of banks and credit unions looking to enhance or modify their P2P payment capabilities rises from 25% in 2019 to 40% in 2020.

3) Video Collaboration/Marketing This technology is new to Cornerstone's study and enters the charts with a little more than a quarter of survey respondents indicating that they plan to add video collaboration/marketing tools in 2020. 4) Cloud Computing A quarter of financial institutions plan to invest in or implement cloud computing technologies in 2020. Forty percent say they've already done so, and half of them will enhance or modify what they've got.5) APIs (Application Programming Interface) One in four community-based financial institutions plan to invest in or deploy APIs in 2020, on top of the 35% that have already done so. *QUESTION: In the 5 given FUTURE explain each in more than three sentences and give them each an examples in this Generation. 1. Future of Retail Banking - Retail banking refers to the specific services banks can offer to consumers - such as savings and checking accounts, credit and debit cards, and loans. Consumers' growing desire to access financial services from digital channels has led to a surge in new banking technologies that are reconceptualizing the entire retail banking market. 2. Future of Mobile Banking - Mobile banking has become the go-to method for users to make deposits, account transfers, and monitor their spendings and earnings. According to Business Insider Intelligence's Mobile Banking Competitive Edge Study, a massive 89% of survey respondents said they use mobile banking. 3. Future of Online Banking - The popularity of mobile banking has surpassed that of online banking, and the overall number of online customers has slowed worldwide. According to Business Insider Intelligence, mobile banking is growing at five times the rate of online banking, and half of all online customers are also mobile banking users. 4. Future of Digital-Only Banks - Digital-only banks, also known as neobanks, are redefining the future of banking around the world. Though off to a slow start in the US due to high regulatory barriers, recent developments and the loosening of regulations suggest that US neobanks are set to take off. 5. Banking Technology Trends - The future of banking technology is driven by consumers, especially Gen Zers, who see technology as something that enhances their lives. A common trend in banking technology is using an application programming interface (API) to make proprietary data available to anyone who has the consumer's permission to access it. *QUESTION: In the 8 given "New bankig Technologies you'll see in the Next 5 Years", explain each in more than three sentences and give them each an examples. 8 New Banking Technologies You'll See in the Next 5 Years 1. Blockchain Technology - Blockchain technology is set to fundamentally transform banking and financial services. It decentralizes financial management from a central authority to a widespread network of computers. 2. Upgraded ATMs - ATMs transformed the bank tech system when they were first introduced in 1967. The next revolution in ATMs is likely to involve contactless payments. Much like Apple Pay or Google Wallet, soon you'll be able to conduct contactless ATM transactions using a smartphone. 3. Proliferation of Non-Banks - Banks are hoping that technology will allow them to deliver a faster, more transparent experience to consumers. 4. Apple Store-Style Experience - The in-bank experience of the future might be more like shopping at an Apple store. Because so many people now can download user-friendly banking apps or easily find an ATM to handle basic banking transactions, the typical in-bank customer today is seeking help involving a personal interaction. 5. Automated Financial Services Employees - Vikram Pandit, who ran Citigroup Inc. during the financial crisis, said up to 30 percent of banking jobs could disappear within the next five years due to developments in technology, in a 2017 interview with Bloomberg television. 6. Mobile and Digital Banking - The mobile and digital transformation in the banking system has only just begun and growth is already explosive.

7. Partnerships - Although banks can pour lots of money into technology, the fastest way to deliver financial innovation in the future is likely going to involve strategic partnerships. 8. Wearables - Wearables such as smart watches are poised to become the future of the retail banking experience, according to Samsung Insights. One example is that banks could use Bluetooth beacons to push personal greetings to customers' smart watches when they enter a banking location.