Top 5 Fintech Apps developed by Fintech App Development Companies to offer you Exclusive Customer se

Right now, digitalization rules are the talk of the town and no industry can stay away from it! Even the banking sector, which was earlier known for its lethargy has now rechristened itself to suit the customer’s expectation in the best possible way; all thanks to Fintech app development. They have successfully changed the operation of the FinTech industry for good. As a customer, downloading another app might be a daunting task; but they cannot ignore the advantages offered by banking apps- bill payment, account checking, tracking deposits and many more. But how banking apps have been able to garner the attraction of the customers? The reason is that they are highly convenient as the customers can simply tap the app and can automatically log-in and thus makes all the transactions easy. What’s more, they are fast, saves time and use trusted sources and two-way authentication to make their app highly secure from any online attack. Besides, they are free of cost and giving it a try will ensure instant utilization of financial services by the customers. Now one question arises- Which aspect you consider while picking a mobile banking app? Is it security or ease of doing a financial transaction? But what seems to matter the most is their top-rated customer service. The right answer, isn’t it? Thereby considering the popular demand and rush in usage, a list of top-rated online banking apps with a variety of cutting-edge features are presented here. They are available on both Apple and Android devices and will make you select the best app to meet your financial requirements easily.Let’s venture more into the world of exclusive mobile banking apps which are ruling the banking industry in 2020.

A. Ally Bank: Online Banking App with No Minimum Balance

An online-only bank, offers higher rates and lower fees and can access through more than 40,000 ATMs free of cost. It focuses on providing the best mobile experience through its innovative app which comes as no surprise. The most striking aspect of the given banking app is that it comes with both banking and investment features and is based on three simple ideas- “do right, talk straight and be better.” Furthermore, it comes with a user-friendly interface as a customer can open the app with fingerprint and have easy access to statements and tax forms directly from their mobile device. The ally banking app comes with noteworthy features such as:

· Interest Checking Account

An interesting feature which is not commonly found in other banking apps. Neither a minimum balance is required to open the account, nor it charges an annual maintenance fee.

· Multiple Certificate of Deposit (CD) Options

Ally apps come with three CD products with 10-day best rate guarantees and include High Yield CD, Raise Your Rate CD and No Penalty CD.

· CD Laddering Tools

They are designed to remove a major flaw in the long-term CD: tie-up of the holder funds for many years. It comes with identically sized CDs which can be automatically renewed for specific terms and allow the customers to access on the same date every year.

· Money Market Accounts

It comes with Visa debit card and needs no monthly balance requirements, fees, and minimum deposits. What’s more, there is no limit on ATM withdrawals.

· Auto Financing Products

Ally banking app comes with a whole suite of auto financing products that the individuals can buy or lease vehicles online. Besides, customers can sell their vehicles to the bank after making a 48-month monthly payment. Moreover, it comes with its own online payment option called Zelle which allows you to transfer funds to others just using their mobile number and email address. Also, it has a built-in application called Card Control which customizes your debit cart and sets spending limits with the provision of control notifications.

B.      Bank of America: Fintech application development with Great Security Feature

It is one of the smartest and secures mobile banking apps across the globe offering financial transactions for all US-based accounts. Using this app, customers can send/receive funds securing using their mobile number or email. Furthermore, it also allows customers to pay e-bills and schedule payments with many more functions. Moreover, it is a colorful and user-friendly app that offers the best personal financial assistance by allowing payment using a digital wallet with full-proof fingerprint sign-in. The given app comes with exclusive features like:

· Mobile Banking Security Guarantee

An exciting feature of the given app under which, customers are liable to get a full refund from the bank when any fraudulent transaction is done from their account.

· Account Management

This app permits you to have easy management of your bank account by permitting you to view recent transactional activities such as checking saving, balance and credit-card accounts. Besides, it also comprises the ability to set alert for the security of your account and is capable to activate or replace debit/credit cards.

· Pay & Transfer

It allows scheduling and bill payment as per your convenience and utilizes Zelle to transfer funds to others even if they have multiple bank accounts.

· Security Feature

Every customer wants a secure bank account and the given app does not disappoint you. It has additional security features such as setting up Touch/Face ID to sign-in securely using the app and not your Passcode. The app will offer you an instant notification if any suspected fraudulent activity is found in your card and so you can verify your transactions and block it immediately.

· Check Deposit

Another good feature that offers you to perform mobile check deposit-taking pics of photos and then deposit them. Afterward, deposits are immediately processed so that you can view real-time processing successfully.

C. Capital One: Mobile Banking App with High Customer Satisfaction Rate

It is one of the highest-ranking mobile banking apps which offers a high-yield saving account ad is based on the concept- “Banking on the Go.” It is so because of the offering of easy management of credit cards, bank accounts, home and auto loans at one go. Furthermore, it has also integrates Touch ID and Sureswipe into its app to make switching between different accounts easy.There are notable features of Capital One mobile app and some of them are:

· Deposit, Payment & Transfers

This banking app supports making deposits of checks by just taking a photo and then uploading it. All the bill payments such as one-time payments or AutoPay can be managed in the best possible manner. Besides, transfer to another Capital One account/institution is also easy.

· Digital Security Feature

Capital One comes with various digitalized security features to protect the personal data of the customers. It includes proactive fraud alerts, card lock, instant purchase notification and many more.

· View Accounts

Like other apps, this app also allows you to view your multiple bank accounts at once and also export your account statement wisely. Besides, it comes with ATM and branch locators to help you quickly locate and arrive at their location. Furthermore, opening a new checking account is also easy with this app.

D. Wells Fargo: Mobile Banking App Renowned for Monitoring Investments

This app comes with loads of features for efficient management of check deposits, accounts, fund transfer and bill payment. It is not limited to this as it also fetches real-time quotes, market data, and news for those customers who are keen on funds investment. Besides, it also reimburses your complete amount in case of fraudulent transactions. Below are some of the important features of Wells Fargo mobile banking app such as:

· Account Management

The fingerprint login feature is used to quickly access the account, review your balances, view credit card transaction and effectively manage the reward program.

· Cardless ATM Access

A prominent feature offered by the app to fend off competition where there is no need of carrying the card to fetch money and instead, could be accessed just from your mobile phone.

· Biometric Authentication

It is a highly secured app which use your facial and fingerprint feature to provide quick authentication of your mobile. Notable of them include; Touch ID for iPhone, Face ID for iPhone X and Android TM fingerprint for Android devices.

· Digital Payment

The given mobile app comes with the noble feature of “Pay with Wells Fargo” where payment can be done with any of the mobile devices. It combines mobile wallets, Zelle, card-free ATM on its mobile app home screen so that customers can make a payment without signing into the app.

E. Chase Bank: Banking App Offering One-Stop Solution

The given bank is renowned for starting the first digital banking and offers a user-friendly interface through its app. Furthermore, it comprises various innovative tools and functions for easy navigation via just clicks and swipes. Besides, these apps assist the users to keep track of all the debts by scheduling your credit card payments. Thus, most of the banking needs are accomplished by the given app and you can manage it from anywhere and anytime. With Chase mobile app, customers have complete control over their bank account. It comes with numerous features like:

· Account Management

With the help of a given app, checking past and current transactions, reward status, and credit card activities can be checked with great ease. Besides, you can also set account alert and notification preferences on your account activity.

· Deposits, Payments & Transfers

The given app comes with Chase Online Bill Pay where you can send and receive money and even transfer to and from non-Chase accounts easily. Furthermore, Chase credit cards can be utilized for credit card payments.

· Security

When security is considered, Chase banking app is highly safe as it uses 128-bit Secure Socket Layer which provides encryption to the personal information. Not only it protects account information, username, and password, all the information passing through it is encrypted first and decoded by the app to ensure high security.

· Offer & Deal Section

A unique section in this app where the user can view and redeem their rewards under the Chase Ultimate Rewards Program and avail notable benefits.

Conclusion

In this article, a top list of mobile banking apps has been presented which brings some value to the banking experience for each audience. Not only these apps have brought drastic changes in the financial health of people, but they have also brought everything on their fingertips. In the ongoing FinTech app development; safety, convenience and easy working in quick time are in demand and mobile banking apps are there to satisfy all these aspects most fruitfully. Lastly, considering financial aspects; choose that banking app that is capable of solving all your banking related issues and make your life a lot easier.

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