Reported 1 day ago
As more Americans link their bank accounts to payment apps, it's crucial to understand the risks and benefits involved. Security experts emphasize checking user reviews and ensuring platforms have strong security features like encryption and multi-factor authentication. It's advisable not to keep significant sums of money in these apps, as they're typically not FDIC insured. While linking accounts can enhance convenience and financial planning, caution is needed to mitigate the risk of fraud and security breaches.
Source: YAHOO