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Never will happen on the consumer side. Consumer lose their device way to often to make TOTP or pass codes viable.

Financial institutions can detect if your phone number has been ported or forwarded.

Bigger threat is phishing and password sharing between accounts. I ran tech at investment firm/ neo bank and never saw an attack on sms 2FA and we had over a million customers. We had email 2FA for a while there was significant number of people who shared passwords between email and their bank.