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> It's obvious they just threw something together to comply with regulations. Far worse, there is no regulation to force any of this it's just competition. Mos
by consp 4y ago
> It's obvious they just threw something together to comply with regulations.
Far worse, there is no regulation to force any of this it's just competition. Mostly by smaller "banks" with even worse track records concerning security.
- Aachen 4y agoThere is regulation, that's why we have mandatory 2FA for bank accounts. I think (but am not sure) that SMS phase-out is also part of that regulation, but that might also just be banks being happy to force their software onto more devices to do who knows what.