menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 18: Fintech Risks
  5. Question
    The Term "Narrow Banking" Refers to When Traditional Banks Would
Solved

The Term "Narrow Banking" Refers to When Traditional Banks Would

Question 87

Question 87

True/False

The term "narrow banking" refers to when traditional banks would take deposits and hold only safe, liquid assets, leaving the borrowers and savers matching to fintech platforms.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q82: Peer-to-peer (P2P) lenders emerged prior to the

Q83: In the 1990's, the internet allowed which

Q84: The inventor of the cryptocurrency Bitcoin is

Q85: Half a dozen or more of the

Q86: Banks that partner with fintech companies can

Q88: Millennials are considered digital natives with a

Q89: Upon consensus in the distributed ledger, all

Q90: Artificial intelligence and machine learning are appropriate

Q91: The largest artificial intelligence deal in history

Q92: Protections seen in the stock trading world

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines