The modernization of technology has led to the emergence of digital banks. It no longer requires an individual to visit the bank premises to transfer funds, open an account, or submit an application for a loan. Instead, digital banks have made banking services easily accessible to customers with their cloud computing technology. Let us proceed to see how digital banks differ from normal banks.
Millions of people worldwide are looking for new ways to build income streams that don't rely on direct investments of their time, and one fast-growing method is passive income through digital bank savings accounts.