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Americans flock to online banking -- but many still don't trust it

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Americans' online banking usage has reached 85 percent, with 25 percent using online banking exclusively. But trust is lagging behind. A new report from NordVPN shows 40 percent of respondents report that they check their banking apps on a daily basis for compromises. 13 percent say they don't trust, and 27 percent have doubts about, their banking app. As you might expect older generations are more suspicious of online banking with just 13.9 percent of those 65 years and older using it. Women are more likely than men to report that they do all of their banking online (30.2 percent… [Continue Reading]

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