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Showing posts from June, 2021

Here is how you can open a savings bank account using a digital banking app

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    Banking has become easier with the advent of digital banking apps. One can open a savings bank account, transfer or pay money to their beneficiaries, and do much more using such an app. One can search a phrase like “ zero balance account opening ” on Google to understand the procedure to open a savings account using a mobile banking app. Not only does banking become easy through such apps but also more secure, smoother, and fast. In this blog, we will discuss the process to open a savings bank account.   Download the authentic bank account opening app from the official repository Download the mobile banking app of a bank from the download link posted on its official website, or from an OS app store but only after verifying the authenticity of the app developer. Do not forget to check that you download the latest version of the app.   Complete a questionnaire to find the most suitable...

5 safety measures to adopt while using a phone banking app

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    Mobile banking apps have made life easier for people by giving them the choice to operate their bank accounts and transactions from the comfort of their homes. When you have a phone banking app installed on your smartphone, you can do a ‘ mobile banking account opening ’ procedure to open a bank account and send or pay money from it using your fingertips. But just as banking apps have made banking easier, they have also made it easy for hackers to attack bank clients’ banking data and steal their money. It is in the best interest of people to be a step ahead of the hackers by following a few safety measures. In this article, we will talk about those safety measures. Use biometric authentication method to access the phone banking app Banks use biometric authentication methods to grant their clients access to their accounts on the mobile banking app. The biometric authentication method generally used to fort...