Some countries are all-in on the digital transition and for a lot of things shops don’t even accept cash anymore. Digital QR code transfers are preferred. Be thankful that the banks that you deal with haven’t gone down this path.
2 factor TOTP exists and is secure enough for corporates to have adopted long time ago. Banks can adopt similar authentication methods but choose not to.
On the OP, not sure what the solution could be. However, going down this path seems flawed.
In a lot of counties banks are becoming mobile first. Want to login in the browser? Authenticate with your mobile app to approve. Don’t have a mobile phone with the requisites of the bank? Well, go to the branch, take a ticket, wait and then tell them what you want to do with your money. It’s not just about paying, banks are moving online authentication to be dependent on Google or Apple, whatever poison you pick.
This seems like same shit different flies. Still dependent on some centralised approval which doesn’t help openness and security. We need alternatives to the duopoly but this ain’t it, chief.
Awesome stuff. I’m currently reusing my router and media device to host a file sever, radicale (contacts, calendar and tasks) and immich. All this stuff on old HDDs taken from old laptops with a usb enclosure. Get redundancy with rsyncing between drives and everything was essentially low cost. It’s not pretty or the fastest but good enough for my needs.
Netbird and zerotier servers in my router to connect my devices as I’m behind CGNAT. Essentially have contacts, calendar, tasks, files and photos all under my control. No fancy media player but don’t have time to watch films or series outside. Immich was the last step to get rid of google stored files. Good riddance.
I can’t take any Microsoft attempt at security seriously. One of the most important elements to improve security is to delete windows. Secure boot is lots of things but not secure.