#banking #advanced

Complete the gaps with the correct form of the CAPITALIZED word. TA S5

Banks play a crucial role in the financial system by providing credit to individuals and businesses. They also offer a wide range of financial services, including loans, SAVE (2 p.) accounts, and investment opportunities.

A key aspect of modern banking is the need for strict REGULATE (2 p.) to ensure the stability and security of the financial system. Governments and international organizations impose various COMPLY (2 p.) requirements that financial institutions must ADHERENT (2 p.) to in order to prevent fraud, money laundering, and other illegal activities.

With the rise of digital banking, customers can now conduct transactions more CONVENIENCE (2 p.) than ever before. Online banking and mobile applications allow for instant transfers, bill payments, and even remote account administration. However, the increasing RELY (2 p.) on technology has also led to a greater focus on CYBER (2 p.) to protect customer data from hacking and fraud.

Despite these ADVANCE (2 p.) , some customers still prefer traditional banking services and value the personal interaction with bank staff. Banks must therefore balance technological innovation with excellent customer service to maintain their COMPETE (2 p.) edge in the industry.