It's also worth noting, (although there is nothing special about the security procedure described in OPs article; I'm in an industry that's been doing this for

It's also worth noting, (although there is nothing special about the security procedure described in OPs article; I'm in an industry that's been doing this for some time), Monzo doesn't stop you from running their app on a rooted Android phone; in some misguided belief that it's somehow more secure to prevent it, like all of the other major banks with their seriously sub-par app experiences (compared to Monzo).