DITF402-FINTECH PAYMENTS AND REGULATIONS

Description

SESSION	JAN-FEB 2026
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	IV
course CODE & NAME	DITF402-fINTECH PAYMENTS AND REGULATIONS

 

 

SET – 1

 

Q.1. Why is PayPal considered to be a revolution in the FinTech field? (10 Marks)

Ans 1.

The advent of PayPal in the early 2000s represented a major turning point in the development of digital financial services. Before PayPal internet transactions, they were complex, unsecure and unaccessible for most. PayPal has fundamentally altered the way that transactions were conducted on the internet and is widely considered one of the biggest revolutionary technological innovations within the FinTech sector. Its influence extends far beyond one product, and has affected the whole ecosystem of digital payments which is in place today.

PayPal as a FinTech

 

Its Half solved only

Buy Complete from our online store

 

https://smuassignment.in/online-store/

 

MUJ Fully solved assignment available for session Jan-Feb 2026.

 

Lowest price guarantee with quality.

Charges INR 198 only per assignment. For more information you can get via mail or Whats app also

Mail id is aapkieducation@gmail.com

 

Our website www.smuassignment.in

After mail, we will reply you instant or maximum

1 hour.

Otherwise you can also contact on our

whatsapp no 8791490301.

 

 

Q.2. What advantages does blockchain technology bring to Financial Services? (10 Marks)

Ans 2.

Blockchain technology is emerging as one of the leading revolutionary forces within the field of financial services. The technology was originally developed as the base infrastructure for Bitcoin however, it has found widespread application across financial services, insurance, trade finance, capital markets as well as compliance with regulatory requirements. The fundamental characteristics of security, decentralization, transparability, and security make it ideally suited for addressing numerous of the inefficiencies that persist within traditional financial systems.

Key Advantages of Blockchain in Financial Services

The primary advantage is the increased protection against fraud and security. Blockchain keeps data encrypted blocks that are linked to each other in a chain. After a block has been added to the chain, it is inaccessible to change without affecting the subsequent blocks. This will require consensus from the whole network. These records make blockchains secure from manipulation, and dramatically reduces threat of fraud, manipulating data, as well as cyber attacks. When it comes to

 

Q.3. What are decentralized applications (dApps) and smart contracts? (10 Marks)

Ans 3.

Blockchain technology’s evolution has given rise to two concepts at the core of revolutionizing the way that digital services are created and distributed: decentralised apps generally referred to dApps as well as smart contracts. Both concepts are related and together form an essential technical foundation for the new Web3 ecosystem. Understanding them is essential for anyone studying FinTech Blockchain, FinTech, or what’s coming to digital financial technology.

Smart

 

SET – 2

 

Q.4. How do smart contracts contribute to the development of the metaverse? Discuss the advantages and applications of smart contracts in the context of the metaverse. (10 Marks)

Ans 4.

The metaverse is a new concept of a persistent multi-dimensional, interactive and interconnected virtual universe where individuals can work, socialise, play and trade. As this digital universe grows is requiring a sturdy technological and legal structure to regulate ownership, transactions, and interactions. Smart contracts, being self-executing software on blockchain, are uniquely positioned to serve as this foundation. They are able to bring automation, trust and decentralisation to virtual economy, and thus are an

 

Q.5. How does RegTech help in reducing compliance-related errors and costs? (10 Marks)

Ans 5.

The term “Regulatory Technology commonly referred to RegTech refers to the utilization of modern technologies like artificial intelligence, machine learning, big data analytics, cloud computing and blockchain to help financial institutions and other entities that are regulated to manage the compliance requirements more effectively in a cost-effective, efficient, and accurate manner. Since the requirements for compliance have become increasingly complex and voluminous after the 2008 financial crisis as well as

 

Q.6. How do AI and ML enhance Know Your Customer (KYC) processes? (10 Marks)

Ans 6.

KYC, which is also known as Know Your Customer or KYC is a required legal process that helps financial institutions verify the identity of their customers, assess their risk profile and verify that they’re not associated with illegal activities such as money laundering, the financing of terrorism, or fraud. The past few years, KYC has been a lengthy, time-consuming, and paper-intensive expensive procedure that caused tension for the customer and created compliance burdens for institutions. Artificial

.