Comment by Wowfunhappy
Comment by Wowfunhappy 10 hours ago
Why does most fraud come from locked down mobile devices and not open Windows/Linux PCs?
If it's true that 90% of fraud comes from mobile despite all of the restrictions, what that tells me is that locking down devices doesn't actually prevent fraud.
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> before we even get into the mobile app having features the desktop one does not (P2P payments, check deposit, etc.)
I think it would be reasonable to disable those specific features on mobile while leaving the rest of the app accessible.
Actually, back when jailbreaking iOS was still actually feasible, I recall the Chase app doing exactly that. The app worked fine, but it wouldn't let me deposit checks, I had to go to a branch for that. A bit annoying, but I can mostly understand that one.
> If it's true that 90% of fraud comes from mobile despite all of the restrictions
Statistics on mobile vs. desktop banking will really shock you; the mobile usage penetration is easily well upwards of 90% in many markets. There's also a skewed distribution for fraud-vulnerable users and scenarios.
> I think it would be reasonable to disable those specific features on mobile while leaving the rest of the app accessible.
I agree with you in an idealist sense; it would be awesome to be able to use GrapheneOS and have 80% app functionality instead of 0% app functionality. I also completely understand why nobody does it; supporting what's probably <0.001 (if not lower)% of legitimate users in exchange for development time and fraud risk isn't a particularly appealing tradeoff. If I were in a situation to advocate for such a trade-off, I probably would, but I don't think it's evidence of a sinister conspiracy that nobody does that.