Which of the Following Are Potential Benefits of Technology for an FI

question 35

Multiple Choice

Which of the following are potential benefits of technology for an FI?

• A) Service quality, especially for customers of large banks.
• B) The rate of innovation of new products has increased.
• C) FIs can more easily cross-market new and existing products to customers.
• D) All of the listed options are correct.

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Definitions:

Staples

Metal fasteners used to bind together papers or other materials, or a basic or necessary item of a particular field.

Biopsy Specimen

A small amount of tissue removed from the body for examination under a microscope to diagnose an illness.

Cryosurgery

The use of extreme cold to destroy unwanted tissue, such as skin lesions.

Grounding Pad

A device used during medical procedures to protect the patient from electric shock by providing a path for the electrical current to the ground.