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[–] Planetoftheclown ago 

The idea of using a smartphone to handle one's personal financial data is tempting, but the device is promiscuous meaning it has several forms of connective technologies each with their own bugs, flaws, and exploits. These technologies have multiple examples of being exploitable in the wild using a variety of methods. Then there's the issue of using the device to mindlessly surf the web exposing it to potentially compromised websites and ad networks.

It's also why a lot of corporations give some of their IT employees a general purpose laptop/computer and specific purpose laptops/computers that only connect to highly secured servers.

It's also why I do no access my financial services on anything but a purpose bought HP laptop that doesn't get used for anything by connecting to my financial services.