Comment by AnthonyMouse

> When you open the app on your phone, the phone probably needed to be unlocked first, though not everyone sets a PIN or biometric lock on their phone.

The same is true for PCs. They've supported that sort of thing for decades, and it's optional for both the phone and the PC.

On top of that, a phone that people carry around everywhere is dramatically more likely to be lost or stolen than a desktop PC that never leaves their house.

> With the web app, people will often save their bank website login credentials in the browser.

If the bank actually cares about this then there are various ways to disable or impede it.

> However, when you look at the demographics of banking app vs website use

This is just the thing where you make something worse so fewer people use it and then use that as an excuse to keep making it worse. Nobody needs an app that could have been a web page, people use them because it's what get shoved down their throat if they don't go out of their way to do something else.