笃学奖-Topic2-A10321-甘比精读
Day4:
1.IN BRITAIN alone millions of people make formal complaints each year
单就一个英国而言，每年就有数以百万计的人提起正式起诉。
It is a virtue for people from different cultures, religions and colours united to beat United Airlines.
2.nudge them to save more
see nudge again, means propel people slightly or guide them to save money.
3.To date, despitedirewarnings, European retail banking has been remarkablyunscathedby technology-drivendisruption.
to date=so far/ by now/ up to now/ by far, dire=extreme, unscathced=withou damage
4.mount a challenge, mostconspiciouslyin
mount=gradually increase, surge, or get bigger conspicious=noticeable,attracting attention
5.Buttheir reach is more limited elsewhere in Europe. Physical payments are still overwhelmingly made with
cash or bank cards.
本句无生词，一个but给出了线上与线下支付两种支付方式在实际应用中的占比情况。
6.due to be implemented by EU members in January 2018
本句无生词，但监管上新的法令即将执行，导致传统银行某些行为被强制改变。
7.Provided the customer has givenexplicit consent
provided=if, assume explicit sonsent=明确表达同意
8.strong authentication 强认证 integrate into=融入
9.rock-bottom interest rates=the lowest interest rates
10.resistanceis manifested as a concern about data protection: more than half of respondents to the PwC
survey voiced concerns about security and liability.
这个词体现出新老利益集团博弈之激烈程度。old money 是不会轻易放弃既得利益的，不由让人想起宝能和万科、格力之争斗。尘埃落定，成王败寇，落得个妖精害人精的称号。但势不可违，等下一轮吧。
11.They will not be subject to the same capital and stress-testing requirements banks face: but nor will they be licensed to undertake the riskier business of lending.
受
12.are al lattributes entrants want to gain by association, just as banks want to exploit newcomers’ technology.
huge customer base(众多客户）+low funding costs(低存款利息）=attributes(advantage 优势）
exploit=use, apply, utilize, avail 开发， 利用
Day5:
Day6:
Technology is manifested as a driving force for development, which team up with industry and agriculture, offer verious of convinient seveces. A mobile phone, nowdays, used not only to make a call, but also have teleconference, watch movies, play games or pay credit card, for example.
As Chinese gorvenment propelling ecnomic reform, relative rules will open the door to fintech companies that are expected to expand financial channels and facilitate effcient work flow. However, it is proved to be pefect on paper. Kinds of P2P businesses have easy access to collect money unofficially through internet, what's more, some of them loan sharks to girl students, who have to use nude and sex vedios as collateral, and nudge them to overdraw. According to calculation, losses from fintech fraud is surging, that means illegall orgernizations exploit new technology to level people in a weaker position.
More and more cases shake up the gorvenment and make it realize, technology combined with illegal companies without regulation, just a handy sauce of income. So, regulators must extremely restrict financial liberalization as well as tight up sercurity of whole system, meanwhile, guide them toward to a legitimate-frame.
It takes time to transform the landscape, and also we take barely ever advantage of merchant, so remember that, no greey, no lost.
