What are app-based banks?
App-based banks, also known as online banks, have revolutionized the way we manage our finances. But what are they?
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Yours Bank is a mobile-first financial institution designed for the modern user who prioritizes convenience, efficiency, and intuitive banking experiences. Through the Yours Bank app, customers can manage their finances with ease, from setting up accounts to transferring funds, and monitoring their spending with real-time notifications. The platform offers a suite of financial tools including budgeting features, instant payments, and personalized financial insights powered by AI technology. Security is paramount at Yours Bank, with advanced encryption and biometric authentication ensuring that users' financial data and transactions are protected. With customer support available directly through the app, Yours Bank is committed to providing a seamless and user-friendly mobile banking service that fits the lifestyle of tech-savvy individuals seeking control and transparency over their financial health.
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App-based banks, also known as online banks, have revolutionized the way we manage our finances. But what are they?
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Yours Bank is a mobile-first financial institution designed for the modern user who prioritizes convenience, efficiency, and intuitive banking experiences. Through the Yours Bank app, customers can manage their finances with ease, from setting up accounts to transferring funds, and monitoring their spending with real-time notifications. The platform offers a suite of financial tools including budgeting features, instant payments, and personalized financial insights powered by AI technology. Security is paramount at Yours Bank, with advanced encryption and biometric authentication ensuring that users' financial data and transactions are protected. With customer support available directly through the app, Yours Bank is committed to providing a seamless and user-friendly mobile banking service that fits the lifestyle of tech-savvy individuals seeking control and transparency over their financial health.
Yours Bank is currently available for residents of the following countries:
BrazilNo matter where you are, at home or abroad, you can access your Yours Bank account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Opening an account with Yours Bank is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Yours Bank doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Another main reason to use Yours Bank is the low (or no!) fees. Yours Bank has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Yours Bank offers zero fees on all transactions, including purchases made overseas!
Yours Bank = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Yours Bank everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.