You might have amazing operational security but lots of other people don't, and they make noise, which means governments write laws meaning that banks have to refund them for fraud.
replySo as much as a bank might agree with your stance on freedom of compute - they probably don't want to pay for it with actual money.
Banks have managed to externalize the costs of their own security onto people by inventing the concept of "identity theft", and pinning the blame for poor security practices on regular people.
replyThey really shouldn't be allowed to double down on it.
And arguably, half of it isn't even really security, it's about keeping you in their app. Application interface is the ultimate sales platform, and banks are making extensive use of that fact.