this post was submitted on 28 Apr 2021
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Privacy

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[–] [email protected] 3 points 3 years ago

The new legislation AFAIK says that banks require some sort of 2FA for such transactions. This is IMHO a sensible requirement for security. The problem is really that most banks have a horribly outdated IT infrastructure and thus try to outsource this to external app developers or services.

At least here some banks still offer 2fa via SMS. Not the most secure, but works on nearly any device.