Developing an online banking app that syncs data with user bank accounts involves several key steps:
choosing a reliable API or data aggregator service provider for data syncing that complies with all required regulations;
monitoring API's performance, fixing errors, and updating the system accordingly;
developing a convenient interface accessible to any user, which allows them to connect to their bank accounts easily;
implementing security measures regarding customer data, transactions, and authentication;
considering real-time syncing of all important financial operations, including balance checking and transactions;
elaborating contingency plan for server bugs, failures, breaches, and other possible scenarios;
adhering to regulations and regularly updating the app with the latest security standards and policies;
conducting regular tests of the app to ensure it meets the users' needs.
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