Besides the security part, many companies us that data in their Machine Learning models. I've used it myself extensively over the past 10 years in Fintech.
As a small tidbit of information, did you know iPhone users are ~40% less likely to default on a small loan than Android users (at least in my country).
And the differences go all the way to specific models, OS versions, installed apps, IP range, browser of choice...
Sure but isn’t this due to income disparities between iPhone and android users? Android is available in more cheaper models so poorer groups include more android users. A bank is going to care more about proof of income than what phone OS you use, will they not?