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This is the real problem: I need my phone to work with my bank. So whatever we're doing, that's the bar to clear.
by XorNot 1y ago
This is the real problem: I need my phone to work with my bank. So whatever we're doing, that's the bar to clear.
- foresto 1y agoIs there something important in banking apps that cannot be done with a web browser?
- Gee101 1y agoMy bank uses the banking app for auth if I try and login via a browser.
- HPsquared 1y agoBarclays in the UK offer (or used to) a hardware device with a keypad allowing the user to do a challenge-response using the bank card's chip and PIN. Not sure if they still do, though. Edit: https://en.wikipedia.org/wiki/Chip_Authentication_Program https://en.wikipedia.org/wiki/Chip_Authentication_Program
- array_key_first 1y agoThat's because they're stupid or doing something suspicious, probably both. There's legitimately zero reason to allow 2FA only on your own propreitary app. You can't even make a financial argument - allowing other TOTP methods is cheaper because now you don't need an app!
- weikju 1y ago> That's because they're stupid or doing something suspicious, probably both Small comfort for whoever needs to use that bank. This is the disconnect geeks and Free Software needs to bridge to make any headway.
- exe34 1y agoit costs basically nothing to change banks. you sign up to a new one and they transfer your account and direct debits. you just tell your employer where to send your next salary payment.
- weikju 1y agoSometimes it’s more complicated than that. And the other banks aren’t any less “stupid”.
- array_key_first 1y agoI mean, I concur, but ultimately I can't fix shitty banks being shitty. No geeks can. Banks have been shitty for a long, long time. Do you know how we usually stop them from being shitty? Forcefully, with legislation.
- buzer 1y agoUnfortunately the EU regulation makes the truly user controlled 2FA methods essentially non-compliant. https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX%3A32018R0389 https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... > Article 7 Requirements of the elements categorised as possession > 1. Payment service providers shall adopt measures to mitigate the risk that the elements of strong customer authentication categorised as possession are used by unauthorised parties. > 2. The use by the payer of those elements shall be subject to measures designed to prevent replication of the elements.
- jojobas 1y agoThis says something along the lines of "it should be hard to extract the TOTP secret". However if you can get so far as to get the secret from the TOTP app, you can as well back up the entire phone and restore elsewhere, can't you?
- nh2 1y agoNo, because phones that lock keys in hardware effectively prevent that, and that works only with hardware that prevents its owners from having full control an doing what they want with their hardware. "Unextractable keys" works with hardware that you don't "truly own".
- potamic 1y agoWhat if one doesn't own an android/iphone device? Banking is a fundamental need, so most countries regulate them to cater to a wide range of users. In this case it's possible that the bank could be compelled to provide you a 2FA device if you don't have one.
- distances 1y agoI don't think there is such regulation. Many banks simply do not have any other means of authentication any more. They can't give out 2FA devices because their systems just don't support them.
- pjmlp 1y agoGood luck with that, in Germany many public transport operators are moving into app based tickets for the monthly/yearly subscriptions. You can still get a plastic card, however it requires paying extra and some additional forms, the reasoning being it is not environment friendly.
- majirdulb 1y agoDo they offer a physical 2FA device? Mine does and it's really useful
- nebula8804 1y agoBuy the cheapest updatable phone that will work for your bank(probably a used iPhone) and use a free OS for everything else.
- dns_snek 1y agoNo, I don't want to buy, take care of, and carry around 2 devices at all times. I'm not a drug dealer.
- deleted 1y ago[deleted]
- mfru 1y agoso only drug dealers use two phones?
- drnick1 1y agoYou don't have to carry two phones. The idea is that the second phone stays home powered off and is used as an access token for the bank's website. There is no reason to carry it around. Pay cash in stores or use a credit card when cash is inconvenient.
- dns_snek 1y agoI think this is a pretty outdated view of banking. I open a banking app at least a few times a day. In the EU just about every online transaction has to be approved in the app, we also use various payment apps for quick person to person transfers, use the app to generate disposable virtual cards for online purchases, etc. I could cut myself off from the modern financial world and just use online banking like it's 2010 but that's a pretty big ask.
- Kudos 1y agoI use 4 different banks, they all work with GrapheneOS.
- kytazo 1y agoI use 3 banks, they all work as well. Plus they're all on a separate user profile, which makes it even more secure.