Which of the following are potential benefits of technology for an FI?
A)Improved service quality, especially for customers of large banks.
B)The rate of innovation of new products can be increased.
C)FIs can more easily cross-market new and existing products to customers.
D)Improved flexibility in financial transactions for retail customers.
E)All of the options.

Question

Quizplus · Accepted Answer

All of the options are potential benefits of technology for an FI. Improved service quality, increased rate of innovation, easier cross-marketing, and improved flexibility in financial transactions are all advantages that can be gained through the use of technology.

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