Retirees, Be Aware of the Murky Rules Behind Financial Apps
Long gone are the days when every financial transaction involved a trip to the bank. In fact, if you're like many Americans, the tools you rely on to deposit checks, pay bills and track your budget -- all from the comfort of your couch -- may not even belong to a bank. Instead, you may be using a fintech's app on your smartphone to manage your finances.
The number of older adults turning to fintech services is soaring. Seventy-nine percent of baby boomers used fintech, the survey found.
