SWIFT Has Combated the Growing Issue of Electronic Fraud with Smart

question 40

True/False

SWIFT has combated the growing issue of electronic fraud with smart card technology that no longer requires users to manually log in to the network, and thus eliminates any paper trail.

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Definitions:

Bound Together

Connected or secured closely or tightly, often used to describe the relationship or linkage between objects, ideas, or entities.

Controlled Substance

is a legal term for drugs that are regulated by law, including prescription medications and illicit drugs, due to their potential for abuse or addiction.

Potential For Abuse

The likelihood that a substance can be misused or lead to dependence.

Addiction

A psychological and physical inability to stop consuming a chemical, drug, activity, or substance, despite it causing psychological and physical harm.