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🔎 Market Mysteries
Is my money safe with digital banking apps?
Scoops Team & Augustus Christensen
August 25, 2024
Hey friend - Welcome back to our Market Mysteries Explained deep dives into the most significant economic trends facing our lives and our planet.
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Our answer:
Digital banking platforms, or neobanks, have surged in popularity due to their convenience and high interest rates. However, recent failures and warnings have raised concerns about the safety of your deposits with these platforms. Here's what you need to know.
Why Are People More Concerned About Digital Banks?
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