Maybe I'm out of the loop but what is everyone doing with banking apps on their phones that's so essential. I see this argument all the time but it's baffling to me.
Maybe I'm out of the loop but what is everyone doing with banking apps on their phones that's so essential. I see this argument all the time but it's baffling to me.
For quite many banks a mobile phone is now the only 2FA they support.
So glad my brokerage supports good old totp.
Or worse.
My bank closed down their old online banking site and the new one needs the phone for 2FA... but ... drumroll ...
... the idiots also want me to keep using the token device to log in before approving the log in via my phone.
Security theater.
So switch the bank? Worked for me.
I'm doing the research ofc. Have other things to look for besides not being dependent on a phone so it will take a bit.
MFA largely, some banks also provide wallets for contactless payments.
I refuse to have my browser fingerprinted as a "trusted device" because part my bank is just bad at it.
Paying for things? Transferring money? What else do you do with a bank account?
If we were rational creatures we might choose to do such things while seated at home in front of a comfortably sized screen, rather than squinting at a pocket gadget on a street corner.