With so much of our lives moving online, it can be difficult to keep up with technological advancements. When it comes to finances, trusting a mobile banking app to maintain security may seem risky, but it’s actually one of the safer ways to manage your funds. Here are the top four reasons why you should trust in our mobile banking app.
If you are already familiar with the process of entering a password or using touch ID to unlock your phone, then you know how secure it is to have this feature on a mobile banking app. To open your mobile banking app, you will need to enter either a personalized 4-digit passcode or touch ID, thus making it difficult for anyone else to access your information. Passwords are highly encrypted and equipped with added layers of fraud detection and prevention.
More information about your bank activity is readily available at your fingertips when using mobile banking. The ability to quickly check your account’s history and balance ensures you can always keep track of your spending and any suspicious activity, prompting you to take action when necessary. The information in your app is the most current and an accurate reflection of your activity, which is why it is important to check it regularly.
Mobile banking apps have enabled users to actively participate in the management of their security with a few taps of the finger. While our mobile banking app keeps you informed, an app like MyCardRules, gives you access to preventative measures that help prohibit unauthorized debit card purchases. Features like turning your cards on and off, setting spending limits, specifying location usage and setting parental and employer controls are available to users. You can also set alerts for activity you want to monitor extra closely.
Your cell phone is merely a host for the mobile banking app, meaning your confidential information will not be stored anywhere outside the app. This is especially helpful in the event you lose or misplace your phone. With encryption technologies similar to that of online banking, you are in safe hands and can have faith your account information will remain private.