Money-Saving Apps hit Sweden but beware of risks: As part of the digital revolution that Sweden is embracing with open arms, some warn that the plethora of apps aimed at helping people track their expenses and save their money might pose more risk than they realize.

Part of downloading and using an app, especially from a third party, might actually open up your personal financial details and expose you to potential harm. Also, if the third party apps you use don’t have proper security measures in place, using them along with your existing apps from your other accredited financial institutions may render any protection you might have had through them, as disqualified.

ADVERTISEMENT
Volvo Overseas - the ultimate experience

Before you download any banking apps, Swedes are encouraged to make sure they’re not giving away access to unprotected sources. The same is, needless to say, true about app offers wherever you are.