ARTi

Money skills for young adults

Chapter 1

The art of budgeting worldwide

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Answer

Chapter 2

The mystery of interest and growth

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Answer

Chapter 3

Navigating debt and the credit system

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Answer

Chapter 4

Digital money and global banking

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Answer

Chapter 5

Smart spending and conscious consumerism

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YOUR GOAL

Master of Money skills for young adults

Ch 4 · Digital money and global banking
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Pocket Compass Cash

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nic Protecting your digital wallet from fraud

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nic The basics of decentralized digital currency

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nic The mobile money revolution in Kenya

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nic The rise of neobanks and digital-only banking

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nic Your digital cash, it flies so free, Across the world, for you and me!

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Protecting your digital wallet from fraud

nic Protecting your digital wallet from fraud

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Fun Fact

First mobile transfer: In 2007, the first M-Pesa transaction in Kenya was a simple test payment, paving the way for a cashless revolution across East Africa.

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The rise of neobanks and digital-only banking

nic The rise of neobanks and digital-only banking

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Glossary
cryptocurrency (noun)
A digital currency that uses cryptography to secure transactions and control the creation of new units. In 2021, El Salvador became the first country to adopt cryptocurrency as official legal tender.

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Quiz

What underlying technology secures cryptocurrency transactions in a decentralized public ledger?

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Gossip

Will paper money exist in fifty years?

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Quiz

What company developed and launched the M-Pesa mobile money platform?

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Quiz

What security practice can block up to 99% of automated cyberattacks on your bank accounts?

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Quiz

Which massive Brazilian neobank, founded in 2013, became one of the largest digital banks in the world?

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Quiz

What defines a 'neobank' compared to a traditional financial institution?

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Quiz

What was the world's first decentralized cryptocurrency, launched in 2009?

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Quiz

What is a major financial risk associated with holding savings in cryptocurrency?

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Quiz

In which country was the revolutionary mobile money service M-Pesa launched in 2007?

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