Homework: Financial Technologies in Banking
Answer the following questions:
A. How would you define ‘digital banking'?
B. What is ‘Fintech'? Why, when, where and how was it developed?
C. What is ‘money laundering'? What can be done to prevent it?
D. Regulation on banking is complex and extensive, how should it be enforced?
E. How will AI affect digital banking?
F. Does ‘more digital' mean ‘more risk' or ‘less risk' in banking?
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.