4 ms·

Do you mean there's banks that no longer offer a website interface to your accounts?

• coderatlarge 2y ago
  At least one major bank I’m aware of in Asia does not over web based account mgmt. mobile or native app install only.
• rolandog 2y ago
  Maybe it's not the case for all of them, but some portals require you to scan a QR code with your bank app, IIRC. Others require you to generate a token with the bank app.
• miohtama 2y ago
  You need to have a smart phone, because the high fraud rate on web interface, thanks to high number of compromised Microsoft Windows machines. Android and iOS are sandboxed and cannot be trojaned so easily.
• vsl 2y ago
  EU legislation mandates 2FA to access internet banking and confirm payments. SMS is insecure as a second factor and explicitly declared as inadequate by said legislation. I’m not sure if biometrics are required, but in practice banks don’t bother rolling out complicated solutions with tokens for the maybe two persons that at the same time don’t have a smartphone and are sufficiently tech-savvy to correctly use tokens. Hence de facto requirement of a smartphone for banking.
  • rmnclmnt 2y ago
    That pisses me off every single time I have to interact with EU banks: no way to have a proper password as 1st factor (pwd managers hate number keypads) and no way to have TOTP 2FA manageable how the f I want. FYI, ironically SMS 2FA is usually still available to cope with people not being able to install their official apps… so back to square one!