full transcript

From the Ted Talk by Ajay Banga: Financial inclusion, the digital divide and other thoughts on the future of money

Unscramble the Blue Letters

AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, sutoh koera, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses enerticloc forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the sreett in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your aouncct. You enter the code on a pin pad and I call that tap and go, you go into the public teiolt with that tap. That's how far it's advanced in sewden. So cash is very low there. But even they are having a regular, cotouninus public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.

Open Cloze

AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, _____ _____, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses __________ forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the ______ in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your _______. You enter the code on a pin pad and I call that tap and go, you go into the public ______ with that tap. That's how far it's advanced in ______. So cash is very low there. But even they are having a regular, __________ public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.

Solution

  1. sweden
  2. continuous
  3. korea
  4. street
  5. electronic
  6. account
  7. south
  8. toilet

Original Text

AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, South Korea, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses electronic forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the street in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your account. You enter the code on a pin pad and I call that tap and go, you go into the public toilet with that tap. That's how far it's advanced in Sweden. So cash is very low there. But even they are having a regular, continuous public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
financial inclusion 9
world food 4
food programme 4
billion people 3
save money 2
internet access 2
rural parts 2
cashless society 2
good objective 2
electronic forms 2

ngrams of length 3

collocation frequency
world food programme 4

Important Words

  1. account
  2. advanced
  3. app
  4. call
  5. card
  6. cash
  7. code
  8. consumer
  9. continuous
  10. conversation
  11. countries
  12. cutting
  13. deal
  14. deducted
  15. disadvantaging
  16. economies
  17. edge
  18. electronic
  19. enter
  20. entering
  21. essentially
  22. forms
  23. korea
  24. money
  25. nature
  26. nordics
  27. pad
  28. parts
  29. pay
  30. payments
  31. phone
  32. pin
  33. public
  34. reduced
  35. regular
  36. south
  37. street
  38. sweden
  39. swish
  40. talking
  41. tap
  42. toilet
  43. toilets