Finastra Assessment Test Finastra Assessment Digital Banking Channels 2

Question 1

Which Finastra platform is specifically designed to enable banks to offer mobile-first digital banking experiences to retail customers?

Accepted Answer

Finastra Fusion Digital Front Office

Answer

Finastra Fusion Digital Front Office provides banks with tools to deliver mobile-first, omnichannel digital banking experiences to retail customers.

Question 2

In Finastra's digital banking channel strategy, what does 'contextual banking' primarily refer to?

Accepted Answer

Delivering relevant financial services based on a customer's real-time situation and data

Answer

Contextual banking refers to delivering personalized, relevant financial services by leveraging real-time customer data, behavior, and situational context.

Question 3

A bank wants to allow customers to open a new account entirely through a smartphone without visiting a branch. Which Finastra capability supports this?

Accepted Answer

Digital account origination

Answer

Digital account origination enables banks to onboard new customers and open accounts entirely through digital channels such as mobile apps.

Question 4

What is the primary purpose of a digital banking channel hub in the Finastra architecture?

Accepted Answer

To provide a unified layer connecting multiple digital touchpoints to backend banking systems

Answer

A digital banking channel hub acts as a unified integration layer that connects channels like mobile, web, and APIs to core banking systems.

Question 5

Which authentication method is most commonly recommended by Finastra for securing mobile banking channel access?

Accepted Answer

Multi-factor authentication combining biometrics and device recognition

Answer

Finastra recommends multi-factor authentication combining biometrics (fingerprint, face ID) and device recognition to secure mobile banking access.

Finastra Assessment Test Practice Test

Finastra Assessment Test Practice Test

Finastra Assessment Test Finastra Assessment Digital Banking Channels 2