In Norway we have a 2FA provider that all banks use. They have implemented a 2FA solution that is installed on the SIM card itself and locked to that card. You

In Norway we have a 2FA provider that all banks use. They have implemented a 2FA solution that is installed on the SIM card itself and locked to that card. You also get a separate hardware key device if you want. This way they would need to hijack both your phone and your 2FA pin. If you lose your SIM card and don’t have the hardware key you need to go to your bank and identify yourself with a valid ID. Using regular old SMS as 2FA these days seem highly irresponsible for a company. Regular people might not know better.