newdigiship.eu Question 3. What is understood by digital financial inclusion? A. initiatives aimed to enhance financial services by allowing third-party developers to build applications and services on top of existing banking infrastructure B. the usage of digital financial services to advance financial inclusion, i.e. the deployment of digital means to reach the digitally financially excluded and underserved populations with such financial services C. a form of digital asset based on a network that is distributed across a large number of computers Question 4. Which of the following aspects does not attribute the digital financing methods? A. simplifying access to the target audience B. reducing the cost of providing its services C. lengthy application and approval process 7. QUIZ
newdigiship.eu 8. Conclusions Takeaways of the module 1. You have learned about the Digital Financing Methods on the Market 2. You have acquired a knowledge in the digital financing evolution and its separation from traditional financing methods 3. You have enabled to assess and manage financial risks, such as market fluctuation, credit risk and fraud 4. You have learned the digital platforms specific as best fits for the intended business models – the ability to navigate through different types of digital financing methods.
newdigiship.eu 9. Bibliography Smith, Tim (2022). Crowdfunding, available at: https://www.investopedia.com/terms/c/crowdfunding.asp Ayoconnect (2022). A Brief History of Online Payments – Where Electronic Payments Began, available at: https://www.ayoconnect.com/blog/brief-history-of-online-payments-where-electronic-payments-began https://www.warriortrading.com/best-free-stock-charts/ Kazel, Melody (2022). Open Banking. Definition, How It Works and Risks, available at: https://www.investopedia.com/terms/o/open-banking.asp Reference to the study: Loginov, Mikhail (2021). Sustainable Development of the National Financial Market Based on Digital Financial Services available at: https://www.shs-conferences.org/articles/shsconf/pdf/2021/04/shsconf_nid2020_02029.pdf A.V. Zverev, V.V. Mandron, M.Yu. Mishina, Economics and Entrepreneurship, 11(100), 212 (2018) M.P. Loginov, N.V. Usova, Advances in Economics, Business and Management Research, 105, 111 (2019) https://www.atlantis-press.com/ M.S. Maramygin, G.V. Chernova, L.G. Reshetnikova, Manager, 10(3), 70 (2019)
newdigiship.eu 9. Bibliography Mammi, Bruno (2022). Open Banking vs. Open Finance: What is the difference?, available at: https://belvo.com/blog/open-banking-vs-open-finance-difference/ Ozili, Peterson (2017). Impact of Digital Finance on Financial Inclusion and Stability, available at: https://www.sciencedirect.com/science/article/pii/S2214845017301503
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