|
Short short version: If you're using an iPhone, you're fine.
Short version: Adding a credit card to Apple Wallet to use with Apple Pay is actually safer than using your real cc.
Slightly longer version: As someone else pointed out, there is a concern of how banking apps handle the encryption of traffic, but that's really a 'trust the manufacturer of the app' thing.
Which brings me to Point #2: using a 'defi' or some app outside your financial institution just because it offers linking of your financial accounts for some expected convenience opens you up to risk - of how well they manage their security, and privacy.
Case in point - Paypal offering to quickly verify your banking account if you use their linked service to verify your banking info by asking you to send your login information through their portal setup - rather than just provide routing number, account number. Yeah no, that's not happening.
Just stick to your financial institution app and you're good to go.
|