5:50 am
September 30, 2017
9:33 am
November 18, 2017
Hmm: Saving a bank login is insanely dangerous! It makes perfect sense for them to not enable it. Any bad actor who finds or steals your phone or gets access to your computer has your bank cred! Any saved login is a bad idea, but for something enabling banking it's a drain-hole bigger than your phone.
RetirEd
3:44 am
May 20, 2016
@RetirEd,
Sure, no other financial institution in the world imposes such outdated restrictions in this modern era of biometric authentication, desktop PCs with passwords, and widely accepted cookie-based browser authentication.
Claiming saved logins are "insanely dangerous" is out of touch, especially when even CRA—dealing with highly sensitive data—relies on them as part of their online system. You can suspend 2FA with CRA and other FI only send them if their cookies are absent or you log-in from a different location or browser. I suppose if we use a telephone for telephone banking we won't need to put up with OTP.
And as for Motive requiring a mailed void cheque to link external accounts, I’m sure a few will gaslight and defend it, but it’s an archaic process which fails to align with modern digital banking practices.
Please write your comments in the forum.