Another banking app thread, fun! Don’t use phones for banking. One just trades privacy for perceived convenience. For “safety” you give your bank:
Unnecessary lower-level system access than normal apps, for SAFETY!
Your location as often as they can harvest it
What apps you have installed
Any metadata they can exfiltrate through trackers in the app that can be mated with metadata from other app trackers
Any personal information they can gather from your phone
Furthermore, if you use tap-to-pay, which some banks require their app be installed to use, you’re then giving every transaction you do, with or without tap-to-pay, to the operating system provider and any third parties along the way. Use your credit card at a store and the phone’s at home? That transaction still gets scooped up.
Finally, you have this object you always carry with you, that has access to all your financial information, that a bad guy just has to punch you in the face to get you to log into your bank and delete all your money. Bravo! With a card, it can be shut off afterwards, and the bank can mark any transactions happening afterwards as fraudulent. With a phone app, they can Zelle themselves your money and the forward it to some cryptocurrency and good luck. Then clean out your RobinHood, your DraftKings, your CoinBase, your 401k, and anything else they find along the way.
Another banking app thread, fun! Don’t use phones for banking. One just trades privacy for perceived convenience. For “safety” you give your bank:
Furthermore, if you use tap-to-pay, which some banks require their app be installed to use, you’re then giving every transaction you do, with or without tap-to-pay, to the operating system provider and any third parties along the way. Use your credit card at a store and the phone’s at home? That transaction still gets scooped up.
Finally, you have this object you always carry with you, that has access to all your financial information, that a bad guy just has to punch you in the face to get you to log into your bank and delete all your money. Bravo! With a card, it can be shut off afterwards, and the bank can mark any transactions happening afterwards as fraudulent. With a phone app, they can Zelle themselves your money and the forward it to some cryptocurrency and good luck. Then clean out your RobinHood, your DraftKings, your CoinBase, your 401k, and anything else they find along the way.
Use the bank webapp if one is desperate.
Banking. On. Phones. Is. Stupid.
unfortanely, my bank’s website needs a non standard 2fa that only exist in the app to do anything