Don't banks want better security? A more nuanced answer

This comes from Sami Laine (https://sec.okta.com/articles/2020/04/webauthn-great-and-it-sucks), working for Okta and I thought it would be very interesting for our redditors given that the question often comes up on why banks don't support better security methods. General reddit answers range from super rich conspiracy to idiots at the wheel, and I appreciated this more nuanced answer:

> Don’t banks want better security?
>
> Well, they do, but they are not pushing end-user-visible and end-user-operated security tools, because today even the …

banks don privacy security