67% of Adults Use Mobile Banking: The Rise of Fintech.
67% of Adults Use Mobile Banking: The Rise of Fintech. Financial technology, popularly referred to as “ Fintech,” is the application of innovative and advanced technologies to products and services in the financial industry. The World Bank reports as of 2020 that, at least 67% of the global adult population uses mobile banking, with 1.2 […]
STAYING AHEAD OF CYBER THREATS: DIGITAL BEST PRACTICES.
It is no news in today’s digital age that cyber security is not just a luxury explored by fancy companies but also an average software user as it is a necessity. As technology gets more advanced, so do the threats develop. Malware, Network threats, web-based threats, and email threats are some of the more common […]
YOUR INTERNET BEST FRIEND: THE WARM HUG THAT IS MULTIPLE-FACTOR VERIFICATION.
Hackers are constantly plotting to steal your identity, drain your bank account, and ruin your online reputation. It sounds scary that anyone would devote their time to that, right? However, your best friend is sure to keep you safe and its name is Multi-Factor Authentication (MFA). Traditional passwords are like flimsy locks on a digital […]
Mobile-Only Banking: The Next Generation of Financial Technology
The world of banking and finance is not left behind with the revolution of mobile-only banking at the forefront. This approach to financial services is changing the way we think about banking, making it more accessible, convenient, and user-friendly. What is Mobile-Only Banking? Mobile-only banking refers to financial institutions that operate exclusively through mobile devices, […]