[ppetty]

That makes sense, to an extent. But tossing it in a drawer, from others’ posts, seems extreme. Calling, texting and many other functions may work well for a while. Bank apps may not get updated leaving web access as an alternative though maybe convenient.

[dijit]

Can't speak for everywhere but in Sweden there is the rise of "bankID" which is a type of authentication App for your phone.

I don't think they even offer the physical card+cardreader combo anymore.

That App is needed for access to Internet Banking via a web-browser as it sends a challenge to the App.