And so it begins... Or continues...
Apple is already a walled garden, granting you only access to your hardware and they see fit. Google desperately wants to follow suit by enforcing developer registration (which is just the first step). And now this. This is will happen in the EU and US as well.
And always in the name of security, safety, or "will nobody think of the children?!"
My hardware, my choice, period.
> My hardware, my choice, period.
You can choose to not use the app.
The bank has a choice on how customers interact with it.
The government, regulating banks, and often acting as insurance for lost money, has a choice on setting required security standards.
Balancing all these is difficult.