Banking · Risk Management
A bank is planning to implement an 'Assisted Digital Delivery Model' where branch-level staff will guide elderly customers on how to use the Mobile Banking App. What is the primary risk being managed through this approach?
- 1The risk of non-compliance with the Credit Information Companies Regulation Act
- 2The risk of the bank's exposure to unsecured retail loans
- 3The risk of digital exclusion for non-tech-savvy customer segments✓
- 4The risk of losing high-value corporate deposits to competitors
Correct answer
The risk of digital exclusion for non-tech-savvy customer segments
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