7. Ryan Maloney
• Digital spending is
Universal
• Applicable to any type of
purchase for any type of
product
• Replaces carrying around
excess cash
• More portable and readily
accessible
Professor Klinkowstein
8. Ryan Maloney
Professor Klinkowstein
Hands in your pocket
• Fraud and thievery are
prevalent problems
related to digital
finances
• One can lose their
entire identity if
they’re careless with
their information
9. Ryan Maloney
Professor Klinkowstein
The Risks of: Credit Cards
• Credit Card #: Access to
your money
• If someone steals your
card they can make
purchases with your
money.
• People lose track of how
they spend, leading to
bad credit
10. Ryan Maloney
Professor Klinkowstein
The Risks of: Bank Accounts
• Sharing Account
Information ( correct vs.
incorrect people)
• Keeping track of your
debt account cards.
• Also banks loan using
your money.
11. Ryan Maloney
Professor Klinkowstein
The Risks of: Email
• Email asking for account
information to collect
prize money or buy
product.
• You won something you
didn’t participate in
• Advertising Penny Stocks
• Offering free services but
need personal info
12. Ryan Maloney
Professor Klinkowstein
The Voice of : Logan
• How do you feel about
trusting your money to
intermediaries like Pay
Pal?”
• “How do you protect
yourself against
possible fraud?”
• “ What would you say
characterizes a
fraudulent sales pitch?”
• “ I’m not as
comfortable because I
don’t like having to
involve a middle
man”
• “ Creating multiple
levels of
information.”
• “Asking easy security
questions like date of
birth as well as asking
for personal
information.”
13. Ryan Maloney
Professor Klinkowstein
The Voice of : Kevin
• “Are you comfortable
making online
purchases without
physical money?”
• “What concerns do you
have using cards
instead of cash?”
• “ What would you say
characterizes a
fraudulent sales pitch?”
• “No I prefer to handle
cash. There are many
risks involved online.”
• “ Credit cards can
lead people in to debt.
Also they are
sometimes not
accepted in certain
stores. They are linked
to personal
information.”
• “ It’s too good to be
true.”
