Which of the Following Wholesale Services Offered by FIs to Businesses

question 10

Multiple Choice

Which of the following wholesale services offered by FIs to businesses allows the FI to combine the e-mail capabilities of the internet with the FIs ability to process payments electronically through the interbank payment networks?

• A)Electronic data exchange.
• B)E-commerce facilitation.
• C)Electronic billing.
• D)Electronic funds transfer.
• E)Account reconciliation.

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Definitions:

SEC Registration

The process by which a company files documents with the Securities and Exchange Commission (SEC) before issuing stock for public sale, ensuring transparency and protection for investors.

Accredited Investor

An accredited investor is an individual or entity that meets certain financial criteria allowing them to invest in securities not registered with financial regulatory authorities.

Accredited Investor

An person or entity qualified to invest in securities not registered with financial authorities, based on their income, net worth, or investment experience.

Net Worth

The total assets minus total outside liabilities of an individual or a company, representing the financial position at a given moment.