> Also, what kind of banking are people doing that requires an app? I genuinely don't know what it could be.
Close to every bank in the EU requires their user to have an app, for MFA (both for logging in and for validating transactions - transfers, payments). They use the smartphone's TPM. I have yet to see one that allows you to use your own MFA app.
The few I've seen that don't require it will validate the same through text messages (not everyone has a smartphone); though if you associate their app even once, you're screwed - the app it is from now on.
Close to every bank in the EU requires their user to have an app, for MFA (both for logging in and for validating transactions - transfers, payments). They use the smartphone's TPM. I have yet to see one that allows you to use your own MFA app.
The few I've seen that don't require it will validate the same through text messages (not everyone has a smartphone); though if you associate their app even once, you're screwed - the app it is from now on.