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Online & Mobile Banking Quiz

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Quiz on online and mobile banking history.

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Germany

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Online & Mobile Banking Quiz
 

Online & Mobile Banking QuizOnline version

Quiz on online and mobile banking history.

by Ian
1

In the mid-1990s banks began offering websites where people could log in and view their accounts.

2

Online banking started in the 1980s and 1990s when banks used computers for customer services.

3

Smartphones enabled the rise of mobile banking apps around 2008–2010.

4

By the early 2000s, banks allowed transfers, bill payments, and online account openings.

5

In China, online payments are rarely used and cash dominates daily transactions.

6

Germany has rejected digital-only banks like N26 and DKB altogether.

7

WeChat Pay and Alipay are used only for corporate payments and not for consumer use.

8

In Europe, GDPR is a regulation that banks must comply with for data protection.

9

All banks now use biometric login as the only authentication method.

10

After launch, mobile banking apps require no updates or maintenance.

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