this post was submitted on 30 Apr 2026
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Privacy
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Banks sole business is making money by managing others people money, consequently I do imagine that they estimate that whatever they put online is safe enough and insured enough not be pragmatically speaking creating any risk for their consume. I imagine, and maybe naively so, that it's a well enough regulated business so that if "shit happens" it's on the bank to cover, not the customer.
They will argue (as I do) that it is negligence on the side of the customer not to keep software updated. And if they can prove it (which will be simple, based on the logs connected to your account): no, they need not cover any damages. That's on you. It's due diligence.
They can revoke usage. Say if you use app version 7 and the required app is version 8 then no transaction can be done. The app can be installed yet unusable. So it's not because the app is installed and outdated that functionalities have to remain usable. Gaming servers do that all the time.
I'm pretty sure they already do that, not "just" warnings.