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Moven updates security feature for Moven mobile apps

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Abhigna
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NEW YORK, USA: Moven, the only debit account that provides real-time feedback on purchases and analysis of spending, has added two new features: a security measure and enhanced accuracy of real-time spending updates for money management success.

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With the unique security feature, Moven gives users the ability to suspend/unsuspend an account from a smartphone, said a press release.

Unlike traditional credit and debit cards, if a Moven card is lost or stolen, there is no need to call to cancel the card. With one click via the mobile app, the account is suspended, added the release.

Additionally, if the card is then found, the user can unsuspend the account and once again use the same card without the hassle of having to wait for a new one. This feature reduces the risk of fraud and quickly limits unauthorized spending.

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"We understand account security is a constant concern. We're using the unique capability of a smartphone to give consumers greater control when it comes to security over their money," says Julianna Young, Moven's Director of Marketing.

Moven has also added an enhanced performance data feature that improves the sophistication and accuracy of their real-time feedback engine. This is the most intelligent financial management app available today that gives customers an instant picture into their finances and enables better money management.

Both of these features will launch with Moven's new iOS app, set to hit the app store this week.

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