After the video: Did you get it? If not, please tell your teacher specifically which part you didn’t understand. Let’s review the video again 🙂
Do you understand the following Key Words & Phrases? Your teacher will select Key Words & Phrases and ask you about their meanings.
If you don’t understand, your teacher can explain them. Afterwards, try to use the Key Words & Phrases to make a sentence!
- 00:01 your phone transferred money using an APP
- 00:03 check your bank statement online
- 00:27 it refers to everything from cashless payments
- 00:29 Crowdfunding: -Kick Starter -Go Fund me -Patreon
- 00:29 Robo advisors – advisors that provide financial advice with minimal human intervention. They provide digital financial advice based on mathematical rules or algorithms.
- 00:31 Virtual Currency (cryptocurrency)-Bitcoin -Ethereum
- 00:42 here at a major FINTECH conference
- 00:44 Amsterdam hundreds of companies are trying to disrupt the banking
- 01:06 Technologies received the majority of those funds
- 01:14 Alibaba are going big on it
- 01:35 like money transfers Financial Planning
- 01:49 now thanks to fin tech all you need is your phone to take out a loan or insurance
- How up-to-date is the technology you use at home? and work? – Example; New programs (apps), networks (social media), computers (latest laptop?), devices (smartphones, tablets) etc
- How dependent is your work on technology?
- How has the technology changed in your industry? Since you started / in the last 20 years ?
- How has it changed your workplace? – Example; Automation in food service industries (macdonalds,) and Supermarkets (Life,Olympic etc)
- Do you use online banking or do you prefer to go to the bank?
- What do you think are some dangers or risks when using online banking or payments?
00:01 your phone transferred money using an
00:16 short for financial technology seems
00:18 simple right
00:21 range of products technologies and
00:23 business models that are changing the
00:27 everything from cashless payments to
00:29 crowdfunding platforms to Robo advisors
00:31 to virtual currencies so every time you
00:42 here at a major fin tech conference in
00:44 Amsterdam hundreds of companies are
00:48 finance industries by changing the way
00:52 are buying it global investment in the
01:00 alone fin tech investment surged 18%
01:06 Technologies received the majority of
01:19 for all of this investment consumers are
01:39 technology has filled a void for people
01:42 to traditional banking services in fact
01:51 your phone to