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- #21
Since smart phones can be compromised like a computer, I don’t do financial transactions or keep financial info on my phone.
I don't keep financial info on my smartphone either. From what I understand, the mobile app for checking deposits does not keep any information on the phone. It only scans the checks and sends them to the bank. If I want to get a copy of the transaction, I have to access their website. I don't have a copy of my deposit on my phone, in memory or storage, as far as I can tell. Anyway, the bank says that the mobile app is more secure than the old way of scanning checks at home and uploading them to the bank. With my scanner, there was always a saved copy of the scanned check on my computer.
Like I said, the smartphone mobile app for depositing checks is actually easier and faster than the old method. So that is one thing I actually am glad about. Since I live out in the country, using the mobile app is much faster and easier than driving into town to make a deposit at a local bank. So that is one new tech tool that I do not detest.