1. **Convenience:** Users can quickly check their bank balance in real-time without needing to visit a bank or ATM, allowing for easy monitoring of account funds from any location with internet access.
2. **Transaction Tracking:** The app records and displays all account transactions, providing users a clear and organized view of their financial history, aiding in better personal finance management.
3. **Security:** Advanced encryption and security features protect user data, ensuring that sensitive banking information is kept confidential and secure from unauthorized access.
1. Security Risks: The application may be vulnerable to hacking or data breaches, potentially exposing sensitive personal and financial information to unauthorized parties.
2. Technical Issues: Users may encounter glitches, errors, or downtime with the app, causing inconvenience when immediate access to balance information or transaction history is needed.
3. Limited Accessibility: Individuals without smartphones or reliable internet connections may not be able to use the app, creating a barrier to access for certain demographic groups.
