What's the best way to protect banking apps on Android?

from blog Terence Eden’s Blog, | ↗ original
Lots of people using banking apps on their Android phones. They're a convenient way to check your balance, transfer money to people, and get alerts about fraudulent transactions. But, like anything related to money, they can be abused. Nowadays, thieves are not only snatching phones, but forcing their owners to transfer money to the thieves....