![]() ![]() Any sensitive data leak may jeopardize your whole business. The user’s data security and safety should be your top priority. Follow open-banking best practices: Again, if you use people’s bank data you need to think of your products not only as yet another application on the user’s iPhone but also as an open banking service provider. ![]() Don’t worry - it’s rather easy to navigate, as they provide a checklist with 12-points describing security measures to implement. PCI compliance: If you operate with people’s financial data and use their credit card credentials, you must comply with the Payment Card Industry Data Security Standards (PCI DSS).Two-factor authentication: This can’t be repeated enough – your app will be dealing with sensitive information, and maybe even sync with banking systems, so you need to have top security measures in place.Developing a finance app is not only about implementing the right features it also requires complying with user requirements and official regulations.
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