Fintech Laws – Multiple Choice

1. What does consumer data include? *

a) Only email addresses

b) Financial personal information (bank details, credit history)

c) social media accounts

d) Publicly available information

2. Which law protects consumer data in the EU? *

a) GLBA

b) CCPA

c) GDPR

d) AML

3. Consumer lending partnerships are: *

a) A single federal law

b) A regulated business practice

c) A type of data encryption

d) A regulator’s office

4. Which of the following are key fintech regulations (besides lending partnerships)? *

a) State usury & licensing laws

b) Traffic laws

c) Construction codes

d) Trademark laws

5. Who enforces fintech-related laws? *

a) Tech startups

b) Regulators

c) Consumers

d) Marketing agencies

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