How Is Fintech Changing Everyday Banking?

Neobanks have completely changed how I handle my finances. The intuitive features and no hidden fees are refreshing compared to traditional banks. The seamless interface makes daily transactions quick, and international payments are cheaper and faster. I’ve recently read about neobanks mobile app development https://agilie.com/blog/steps-in-our-neobank-development-process , and it’s fascinating to see how much thought goes into creating these user-friendly platforms. However, they do lack some traditional banking services like in-person assistance, which might be a dealbreaker for some.

I’ve started using budgeting apps linked to my bank account. Tracking expenses and setting savings goals is so much simpler now. The only downside is privacy concerns, handing over your data to third-party apps always feels a bit risky, even if they’re super convenient.