SWIFT's 'smart card technology':
A) increases the likelihood of electronic fraud.
B) adds additional security by sending secret information through mail.
C) disguises the identity of the receiver.
D) automates the process by which banks exchange authentication keys.

Question

Quizplus · Accepted Answer

SWIFT's 'smart card technology' automates the process by which banks exchange authentication keys, providing an additional layer of security. It does not increase the likelihood of electronic fraud, send secret information through mail, or disguise the identity of the receiver.

SWIFT's 'Smart Card Technology