private space doesn't seem to add a lot of security for banking apps

Banking apps on mobile often rely on fingerprint biometrics for reasonably-easy mobile login. Before private space, if someone gets my phone, they still need at least fingerprint to get into the banking app (and maybe fingerprint twice if my phone itself was locked when they got it).

I was hoping that private space could improve security in that situation by requiring attacker to bypass 2 diverse barriers if he gets my phone:

1. thief should have to enter a pin to get into private spac...

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