Here are some specific techniques to look for:
Are you being asked questions to confirm your identity, for instance, the color of your first car or an address where you once lived? The bank can gather that information from vehicle registration or public credit report data records, Rosenfeld says, and then will use it to verify your identity. These are typically questions you will readily know, but others would not.
In addition to a password, the bank could ask you to enter unique, temporary codes generated by an app or text before accessing account information
Fingerprint, voiceprint or retinal scans can add another line of defense
Help you keep a close eye on account activity, like large withdrawal notifications
Device or IP Screening
You may be required to complete additional steps if you access your account from a different computer or mobile device, or from a different network or geographical location
3. Consider the Complete Organization
35% of people who think digital banking is less safe feel that way because the banks are newer and lack the track record of traditional institutions
So research the organization itself -- some digital-only banks are part of larger, well-established organizations that have decades of experience in the financial industry. If you prefer that choice, you can seek out the best of both worlds.
With some simple steps you can evaluate the safety of digital banks and then benefit from the convenience and rate advantages that they offer your financial portfolio.