[cpcallen]

In the UK it seems that almost all online banking transactions are now verified by SMS. As far as I can tell this is required by law, and replaced the previous, bank card + card reader + pin verification system, which was not only more secure but also did not depend on having a working mobile phone with signal.

I hope that this will in due course be recognised as a terrible mistake and rectified. Unfortunately my hope is only faint.

[xnorswap]

Which bank? I'm with LLoyds and transactions are verified via the app, not SMS.

[howerj]

Same with Natwest / Virgin. I do not think I have ever verified anything with SMS banking wise, sometimes you get alerts via SMS though.

[switch007]

First line is not true at all. SMS is an option, but many support app based 2fa

Agree about the card reader being useful for offline. But I never remembered the thing and was often stuck when travelling