Answer the following questions:

1. How would you define digital banking? (2 marks)

2. What is Fintech? Why, when, where and how was it developed? (3 marks)

3. What is money laundering? What can be done to prevent it? (5 marks)

4. Regulation on banking is complex and extensive, how should it be enforced? (5 marks)

5. How will AI affect digital banking? (5 marks)

6. Does more digital mean more risk or less risk in banking? (5 marks)