Re: "accelerate adoption of – and preference for – mobile banking apps"
Mobile banking apps - no thanks.
I use online banking to pay bills and sometimes to move money from one account to another - like most people, I guess. Unlike many, I use a dedicated minimal desktop VM which I maintain and start when necessary on my Linux laptop. I'm quite pleased that the banks frequently use additional verification because they don't recognise the machine (odd user agent string and no persistent cookies).
Their idea that my Android phone with their banking software loaded alongside whatever else I've decided I want to install from the Play Store is as or more secure than my VM is laughable.
How often do most people need to give new instructions to their bank(s)? Of those occasions, how many are so time critical that they must be done right now - eg while at the pub?
I wonder why they don't load games on the terminals in the few remaining bank branches? I mean, if their software is so secure that it can run alongside *anything* where's the harm?