PART A Only.

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Group 4: Launching a Virtual-Only Bank

Scenario: A traditional bank wants to open a 100% digital branch with no physical offices.

Critical Thinking: Integrates digital transformation with banking compliance and trust-building.

Task:

Part A: Outline the operational plan (onboarding, KYC, loan processing, deposits).

Part B: Identify cost advantages

Part C: Identify cybersecurity risks.

Part D: Propose marketing strategies to gain customer trust.

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