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I can do that with the website of my bank. Why do you want an app ? For security purposes ? ( true question as I don't understand the need for an app )
by tangue 7y ago
I can do that with the website of my bank. Why do you want an app ? For security purposes ? ( true question as I don't understand the need for an app )
- saagarjha 7y agoApps can use biometric authentication, which is somewhat more convenient.
- amelius 7y agoBecause most banks only allow access through either the app (without token device, for small payments), OR through a website (with token device).
- tangue 7y agoOk, I didn't think about it but it might depend on countries. AFAIK only businesses needs token devices to do a wire transfer in Europe - at least in France (for individuals you usually need to register your phone number with your bank and add beneficiaries to a white list via text message confirmation for wire transfers in the SEPA zone) everything else is freely accessible via the website.
- alias_neo 7y agoIn the UK at least HSBC and Barclays need a hardware token device to set up new payees and perform certain transactions. HSBC recently allowed (and encourage) moving that token to the mobile app but they do NOT support using your phone number. Santander uses your phone number to send OTP by text for such purposes, and Monzo, the "modern bank" doesn't have a website, everything is done by app. Out of those Banks, Monzo is the only one that will allow you to run their app on a rooted phone.
- penagwin 7y agoConvenience with cashing checks too. Most banks (even tiny local ones) have a way for you to take a picture of both sides of the check. I'm not aware of any bank websites allowing you to do this? Sure it's easy to add but A) They're banks B) It's more akward, and less convient then the device that's in my pocket 24/7