Fintech Final Exam
"Too large to fail" - ANS-Domination of large, systemically essential banks and different
monetary institutions
Accelerators/Incubators - ANS-Programs which attention on growing partnerships between
startups and mounted groups
Competitive to enter
Support might also consist of office area, mentorship, creation to traders, fairness stake
Active Fintech ecosystems in Asia: - ANS-•Hong Kong
•Singapore
•Australia
AI and Machine Learning in Fintech - ANS-Fraud detection
Credit scoring and coverage
Trading, order execution
Portfolio control
Risk management
Regulatory, Regtech, anti cash laundering
AML/KYC - ANS-these corporations deal with Anti-Money Laundering and Know Your Customer
rules
Analytics - ANS-Companies offer information analytics, valuation and modeling.
Angel Investors - ANS-Individuals who again early-stage startups with their personal finances
Some are entrepreneurs, retired executives
Often provide mentoring or networking
three hundred,000 envisioned angel buyers inside the US
Angel investors beautify the final results and performance of startups
Application Programming Interface (API) - ANS-A software program interface allowing two or
extra laptop packages to speak
Artificial Intelligence (AI) - ANS-The software of computational tools to cope with tasks
historically requiring human sophistication
Main use is to reap insights from big statistics sets
Artificial Intelligence (AI) and Machine Learning - ANS-Use of computers to come across traits
and make predictions/recommendations
,Augmentation Intelligence - ANS-Augmentation of human skills with the help of era or assets
Big Data - ANS-Storage and analysis of large and/or complex records sets using numerous
techniques
Bitcoin - ANS-Multiple wallets and transactions among them
A community of computer systems (nodes) hold song of bills and record them on a blockchain
Transactions are tested and processed by using nodes and price created (mining)
Blockchain - ANS-dispensed ledger evidence of concept projects are widely underway.
Companies are lively in important problems of information protection, audit and many others.
Blockchain - ANS-Use of impartial computer systems to report, confirm and synchronize
transactions
Blockchain is a machine consists of; - ANS-Peer to see disbursed shape
Decentralized
Encrypted transactions
Continuous distributed ledger
Consensus of nodes
Blockchain Techn chess analogy - ANS-A and B plays chess, and that they document their
movements on a paper
A wins and gets the rate. If B can tamper the facts written on that paper, then B can claim that A
cheated
Paper is the centralized ledger
A and B plays chess in the front of an target market of 1000 people, and each person looking
the game document their moves
A wins and receives the charge. If B can convince 501 of humans to change their records, then
B can claim that A cheated
Records of the audience is the disbursed ledger
For them to play the sport whilst recording or preserve from wherein they left, they ought to
agree on;
Starting role of the chess board
Sequence of previous movements
blockchain era - ANS-Shared records is grouped together and prepared chronologically into
blocks
Blocks are interconnected to every other and secured by cryptography
Business Valuation - ANS-Market price: Value decided within the market through customers and
dealers
Intrinsic fee: Value based on financials and income
, Investment fee: Business value for an investor
Liquidation cost: Value can be recovered from sale of assets
Book value: Value of overall belongings minus general liabilities
Capital Investments - ANS-Investments by a commercial enterprise for the purpose of
lengthy-term boom
Central Banks - ANS-Bank for Banks
Cloud computing - ANS-Remote records processing
Commercial Bank Services-Institutional - ANS-Loans to economic and non-economic
organizations and governments
Cash control and different company treasury offerings
Leasing
Commercial real property
Trade finance - letters of credit, invoice series, and factoring.
Human resources services
Commercial Bank Services-Retail - ANS-Checking and savings accounts
Certificates of deposit
Mortgages on residential and investment properties
Home equity and other strains of credit score
Credit card lending
Student loans
New and used vehicle, motorcycle and boat loans
Foreign exchange and remittance transfers
Stock brokerage
Wealth management
Private banking
Insurance
Commercial Bank Services-Risks - ANS-Credit danger
Interest charge hazard
Trading hazard
Operational danger
Constitution DAO - An example - ANS-An authentic reproduction of US Constitution turned into
for sale at an auction held by way of Sotheby's in 2021
A group of web3.0 fans started out DAO and crowdfunded $47 million from about 17,000
humans to buy the original replica of Constitution
"Too large to fail" - ANS-Domination of large, systemically essential banks and different
monetary institutions
Accelerators/Incubators - ANS-Programs which attention on growing partnerships between
startups and mounted groups
Competitive to enter
Support might also consist of office area, mentorship, creation to traders, fairness stake
Active Fintech ecosystems in Asia: - ANS-•Hong Kong
•Singapore
•Australia
AI and Machine Learning in Fintech - ANS-Fraud detection
Credit scoring and coverage
Trading, order execution
Portfolio control
Risk management
Regulatory, Regtech, anti cash laundering
AML/KYC - ANS-these corporations deal with Anti-Money Laundering and Know Your Customer
rules
Analytics - ANS-Companies offer information analytics, valuation and modeling.
Angel Investors - ANS-Individuals who again early-stage startups with their personal finances
Some are entrepreneurs, retired executives
Often provide mentoring or networking
three hundred,000 envisioned angel buyers inside the US
Angel investors beautify the final results and performance of startups
Application Programming Interface (API) - ANS-A software program interface allowing two or
extra laptop packages to speak
Artificial Intelligence (AI) - ANS-The software of computational tools to cope with tasks
historically requiring human sophistication
Main use is to reap insights from big statistics sets
Artificial Intelligence (AI) and Machine Learning - ANS-Use of computers to come across traits
and make predictions/recommendations
,Augmentation Intelligence - ANS-Augmentation of human skills with the help of era or assets
Big Data - ANS-Storage and analysis of large and/or complex records sets using numerous
techniques
Bitcoin - ANS-Multiple wallets and transactions among them
A community of computer systems (nodes) hold song of bills and record them on a blockchain
Transactions are tested and processed by using nodes and price created (mining)
Blockchain - ANS-dispensed ledger evidence of concept projects are widely underway.
Companies are lively in important problems of information protection, audit and many others.
Blockchain - ANS-Use of impartial computer systems to report, confirm and synchronize
transactions
Blockchain is a machine consists of; - ANS-Peer to see disbursed shape
Decentralized
Encrypted transactions
Continuous distributed ledger
Consensus of nodes
Blockchain Techn chess analogy - ANS-A and B plays chess, and that they document their
movements on a paper
A wins and gets the rate. If B can tamper the facts written on that paper, then B can claim that A
cheated
Paper is the centralized ledger
A and B plays chess in the front of an target market of 1000 people, and each person looking
the game document their moves
A wins and receives the charge. If B can convince 501 of humans to change their records, then
B can claim that A cheated
Records of the audience is the disbursed ledger
For them to play the sport whilst recording or preserve from wherein they left, they ought to
agree on;
Starting role of the chess board
Sequence of previous movements
blockchain era - ANS-Shared records is grouped together and prepared chronologically into
blocks
Blocks are interconnected to every other and secured by cryptography
Business Valuation - ANS-Market price: Value decided within the market through customers and
dealers
Intrinsic fee: Value based on financials and income
, Investment fee: Business value for an investor
Liquidation cost: Value can be recovered from sale of assets
Book value: Value of overall belongings minus general liabilities
Capital Investments - ANS-Investments by a commercial enterprise for the purpose of
lengthy-term boom
Central Banks - ANS-Bank for Banks
Cloud computing - ANS-Remote records processing
Commercial Bank Services-Institutional - ANS-Loans to economic and non-economic
organizations and governments
Cash control and different company treasury offerings
Leasing
Commercial real property
Trade finance - letters of credit, invoice series, and factoring.
Human resources services
Commercial Bank Services-Retail - ANS-Checking and savings accounts
Certificates of deposit
Mortgages on residential and investment properties
Home equity and other strains of credit score
Credit card lending
Student loans
New and used vehicle, motorcycle and boat loans
Foreign exchange and remittance transfers
Stock brokerage
Wealth management
Private banking
Insurance
Commercial Bank Services-Risks - ANS-Credit danger
Interest charge hazard
Trading hazard
Operational danger
Constitution DAO - An example - ANS-An authentic reproduction of US Constitution turned into
for sale at an auction held by way of Sotheby's in 2021
A group of web3.0 fans started out DAO and crowdfunded $47 million from about 17,000
humans to buy the original replica of Constitution
