MFA is moving to apps.
Safety features to authorise transactions.
Completely online banks need apps too.
I’m not saying you can’t still find other options, but it’s only a matter of time. I was just giving an example. Instead of like bitching about restaurants with only online menus.
I use a flip phone as a daily driver, and do not have any banking apps–and things are just getting harder and harder. I primarily do my banking on my laptop, but I do have an old pixel phone with GrapheneOS that plug in and charge when I “need” a smart phone.
Most banking apps need the banking app installed to a smart phone because MFA is handled through the banks proprietary app. Some banking apps aren’t even possible to install on GrapheneOS due to the app requiring google play integrity API–making these banks impossible for me to use.
I use three banks, one works perfectly and supports traditional 2fa totp–which is seamless for me.
My second bank supports MFA through their app, and will fallback to SMS 2fa–less good, still relatively convenient (i hate using my phone, having to find it etc), but also much less secure.
The third bank (which I may drop) only supports MFA through the app, but still supports graphene. This is more secure than the second bank, but a huge pain to have to charge my smart phone, and go through the process.
Banks are not incentivized to have web/computer access be painless. It feels like soon we may not be able to bank without paying for spyware.
I’ve never needed a smartphone for banking. Can you explain what you mean?
MFA is moving to apps.
Safety features to authorise transactions.
Completely online banks need apps too.
I’m not saying you can’t still find other options, but it’s only a matter of time. I was just giving an example. Instead of like bitching about restaurants with only online menus.
I use a flip phone as a daily driver, and do not have any banking apps–and things are just getting harder and harder. I primarily do my banking on my laptop, but I do have an old pixel phone with GrapheneOS that plug in and charge when I “need” a smart phone.
Most banking apps need the banking app installed to a smart phone because MFA is handled through the banks proprietary app. Some banking apps aren’t even possible to install on GrapheneOS due to the app requiring google play integrity API–making these banks impossible for me to use.
I use three banks, one works perfectly and supports traditional 2fa totp–which is seamless for me. My second bank supports MFA through their app, and will fallback to SMS 2fa–less good, still relatively convenient (i hate using my phone, having to find it etc), but also much less secure. The third bank (which I may drop) only supports MFA through the app, but still supports graphene. This is more secure than the second bank, but a huge pain to have to charge my smart phone, and go through the process.
Banks are not incentivized to have web/computer access be painless. It feels like soon we may not be able to bank without paying for spyware.