Just a thought, I know that Monzo make it easy to manage your money and the whole app is made very simple to use, however personally I feel security is a little lack, thoughts ?
For the people who use Monzo as their daily account, and also use it for their savings, which could potentially be a large amount, (saving for a car, house deposit etc) I honestly there should be at the very least two factor authentication to setup a new payee, where they send you a text to confirm a new payee for the first time.
The reason why I mention this is because you can login to Monzo simply though email. So essentially if my email account password was compromised then someone could simply download the Monzo app on another device and access my account.
I really would like there to be 2FA when setting up new payees
- agree, use 2FA