Banks And FinTech Companies Can Use SMS To Send Transaction Alerts To Customers, Such As When A Deposit Or Withdrawal Has Been Made, Or When A Credit Card Transaction Has Been Processed. This Helps Customers Stay Informed And Monitor Their Accounts For Any Unauthorized Activity.
Banks And FinTech Companies Can Use SMS To Provide Customers With Updates On Their Account Balances, Which Can Help Customers Manage Their Finances And Avoid Overdrafts.
Banks And FinTech Companies Can Use SMS To Send Password Reset Links To Customers Who Have Forgotten Their Login Credentials. This Provides A Secure And Convenient Way For Customers To Reset Their Passwords.
Banks And FinTech Companies Can Use SMS To Send Account Statements To Customers, Providing Them With A Convenient Way To Access Their Financial Information.
Banks And FinTech Companies Can Use SMS For Two-Factor Authentication, Where A Code Is Sent Via SMS To Verify The Identity Of The User During Login Or Other Sensitive Transactions.