Re: I'm baffled
"Yet sheeple seem to accept mobile banking and payment systems are secure."
FTFY
"Make yer minds up, either it is possible to make secure mobile apps or it isn't."
We (TINW) have made up our minds. It isn't.
Remember, just because it is possible to do something doesn't mean it is a good or safe idea ... no matter how much marketing tries to tell you otherwise.