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⍰ ASK What is the benefit of two-step verification in mobile banking applications?

Mobile applications have completely transformed the manner in which users safeguard and handle their accounts. By incorporating two-step verification, users can bolster the security of their accounts, thereby making it exceedingly arduous for unauthorized individuals to gain entry. Moreover, prompt notifications regarding transactions allow users to remain updated about any monetary activities, guaranteeing transparency and swift resolution of any conceivable problems. By empowering users to actively monitor their accounts for any dubious undertakings, mobile applications contribute significantly to thwarting fraudulent activities and identity theft.
 

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