This is the recent meeting I was referring to - not an annual meeting...:
Great South Joint Shareholders Committee Agenda
Great South have there fingers in a lot of pies which in theory should pay off for Southland, but Great South is relatively 'new' in its current form and much of what they 'sell', never seems to come to fruition. There is a fair amount of history in this organisation as it was previously known as "Venture Southland" with the "Southland Regional Development Strategy" (SoRDS).
They started of fairly small but seem to have grown exponentially with quite a large number of staff popping up on there website now. There are quite a few in the community who question if this organisation provides value for money? I'm still on the fence, but changes like the one outlined above with little detail and little to no input from the community who pays for the 'service' just feels wrong to me.
I think Two-Factor Authentication is already part of the solution i.e. there are some transactions I do now that require a code sent by text as part of the transaction, but it can't be the full solution yet. Why, because there are still plenty of people who don't have mobile phones (many in other parts of the world). In its current form it's certainly not convenient for day to day purchases etc.
Skinny is good value, not considering leaving them, but the expiry thing is crap. I've not experienced it with anyone else (oh, their online chat system sucks too, especially if you get kicked off and have to start the process all over again).
I was with Robobank a while back and they had a little dongle (Digipass) that generated access/security codes, i.e. 2FA, on all transactions. It was f'ing awful to use and was the reason I left.