28.9. Future Trends in FinTech

Try these first

1. 1.

   What is a Central Bank Digital Currency?

   Hint

   Think of a digital equivalent to cash.

2. 2.

   Name a benefit of embedded finance.

   Hint

   Why is it convenient for users?

3. 3.

   What is the primary purpose of Central Bank Digital Currencies?

   • To create a new currency system
   • To enhance payment efficiency
   • To eliminate all banks

   Hint

   Consider the role of central banks.

4. 4.

   Embedded finance is primarily about providing financial services within what?

   • Sports apps
   • Non-financial apps
   • Exclusively in banks

   Hint

   Think of platforms you use daily.

5. 5.

   Analyze the impact of CBDCs on traditional banking through examples.

   Hint

   Consider changes in user behavior and bank roles.

6. 6.

   Evaluate the feasibility of implementing Green FinTech solutions in developing economies.

   Hint

   Think about local resources and investment needs.