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must be down to individual bank app. my bank app on my iphone uses facial recognition, but if that fails, it needs its pin which is different to either my iphone unlock code or my bank card pin. so someone stealing my phone and knowing my pin would not get into my bank app.
I don’t think any banking app would allow you to fall back on the device PIN to gain access, they’ll almost assuredly require you to setup a PIN specific to that bank. Of course if you make that PIN the same as your device PIN…
 
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