If this actually goes through, there will be no option in the mobile OS market for an OS that both:
a) allows the installation of apps without any contractual relationship with any party, and
b) allows the use of mainstream and secure apps like banking
If anything, they'd eventually deny access from desktop, forcing everyone to login via the fully manages mobile devices without any user freedom.
Some banks are already getting there btw, as their preferred 2fa is a companion app... One small step away from making that the only option, effectively denying access to anyone without a locked down mobile device.
What are you doing that you need to use your banking app daily?
It seems like a once a month affair. Pay the bills, take some cash out of the account, and you're done. Online shopping just needs a credit card, no apps required.
The app is required for two-factor authentication.
I requested it after they updated their Android app to have a check for pin-code enablement. Sailfish OS doesn't report it via the Android AppSupport system, so it was blocked before I grabbed an older build via Aurora and disabled it from updating. If it ever stops working, I'll only use the token. Once that stops working, I will switch banks.