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Nubank will have a mode to restrict out-of-home app usage

On Thursday, October 13, the digital bank Nubank launched a security tool that allows users to limit the value of transactions through the app when they are away from home.

Called "street mode", the mechanism allows the definition of a secure Wi-Fi network and restricts the use of the application.

The bank states that the action adds "a series of protections from the consequences of criminal actions."

In addition to setting a secure Wi-Fi network, the mode enables the user to set a maximum amount for TED, Pix, or payment slip transactions at another address.

"The tool helps . . .

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