Bank Negara Malaysia requirement on using phone for mobile banking app authorisation is making people waste money on unnecessary phone upgrade. 

I have a backup phone that still functioning well, no scratch and damaged since I'm not frequently used it. Now the phone cannot be used for mobile banking authorisation since the requirement is you need to use Android 11.

In other countries no such nonsense that being applied to their citizen.

Just because certain "STUPID MALAYSIAN" that keep download bullshit apps on their phone and keep being scammed due to their fault, now the whole Malaysian need to face the consequences thanks to the idiots that don't know how to use their phone properly.  

I agree as well. Cibai!

Miss the good old days when you had SMS TAC only. Life was so simple.

It's ok to have 2 step authentication, i agree with this policy for security (just having password is not enough). But the method the bank negara uses requiring you to spend rm500-rm1000 for an up to date model android phone a bit too much la

Sms is so insecure. Might as well not have 2 factors like that.

https://en.wikipedia.org/wiki/SIM_swap_scam
Those days when everyone use 123456 as their pw?

You're the stupid Malaysian.

Play Store also got min requirement to use Android 13 now, and banks need to follow.
Also do you think banks should keep develop using old insecure Android version with security issues with ppl can exploit and possibly take all your money?

You think SMS was secure? If so secure, we would still be using it bodo

Smartphone is a scam.

They keep on update the apps and make.your phone brick after 2 years, and no more security patch update for old pong.
U got no choice but to buy new pong

See, that's why FI in our country are facing immense roadblock when it comes to security implementation.. I guess bank should just back to every customer mandatory for hardware token, we need to rollback to 20 years ago at least for consumer banking, and let all this customer line to the branch if they refuse to accept the modern world. And of course chargeable for every branch transaction

I'm pro modernization, but I will not accept total 100% cashless. Cash needs to still be accepted for me personally.

Ya, let's meet at branch or pay your bill at pos office. This must be the good old day we missed lol

as always, SG does it first, MY follow suites.
3.5x u jilat, when B buat u kutuk.

but i do agree that it's very troublesome.
especially if u drop u lost your phone, phone rosak, or replace phone.
u'll lost on9 banking capability for @ least 12 hours.
not to mentioned all the non standard ways bank imposed to re-activate bck your mobile banking.

Bankers want you to take loan and chase for new phone every 3 years.
Imagine they make all your tv, washing machine stop working every 3 years.
Fuyoo, suck your blood money dry..

what there to surprise? hp printer already monthly subscription. It will be a new norm

phone has bcom important, but we certainly doesn't treat it as important.
ie, we take out phone in public a lot.
we hold it to make calls/msg, sometimes we leave it on the table.
all these exposed to accidental damage, drop, or get rob/stolen.

say our phone cost 3k, will u treat it the same if it was 3k cash on your hand?
will u just hold 3k cash just out it open, waiving it around?
setting it on table?
counting your cash in the toilet when u're doing your business?
dont say 3k, i think 1k also people wont do that.