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The chatbot saves time for employees to solve various issues as well as speeds up user interaction with the application. Two-Factor Authentication Two-factor authentication is used to protect the personal data of fintech application users and make it harder for hackers to break in. In today's world cracking a simple and short password which most people use because it is easy to remember is not very difficult.

With two-factor authentication even if a hacker passes the first layer of protection he will have to get access to a phone number or email which is much harder. Chime requires app users to set up two-factor authentication mobile app development service to securely protect your account from intruders. Two-factor protection is not a panacea for hijacking a financial account but it is a reliable enough barrier.



That seriously complicates attackers' access to application user data and to some extent eliminates the shortcomings of classic password protection. Content of the article Fintech Industry Overview Best Fintech and Mobile Banking Apps How to Create Fintech and Banking Apps Fintech and Banking Mobile App Features Subscribe and get the latest first example.