I’m lucky my banking app works (GrapheneOS), as it’s now requiring 2FA with the app anytime I login on the browser. Can’t use an actually secure form like TOTP. At least they now allow passwords over 8 characters (yes, serious).

(Meme in comments)

  • @Agent641@lemmy.world
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    46 months ago

    My former bank launched a sub-bank that was 100% outsourced. App and website only, no branches, no ATM’S, no phone number, just some software and a card. I dumped them for a competent bank after 25 years with them

    • @redcalcium
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      26 months ago

      I’m actually ok if they passed on the saving of not having to operate branches to their customers in the form of lower fees, a higher interest rate for saving accounts, better credit card rewards, etc.

      • @BakerBagel@midwest.social
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        66 months ago

        That’s not how outsourcing works. They save 75% on costs but only decrease prices 10%. Just enough to undercut the competition.