The fact that your running on phone makes it harder for hackers since there is way more sensor data you have fake and you have to take the carrier stuff because carriers allow you poll devices for things like E911 location. You easily detect if you're running on a simulator and most modern financial apps have this protection. How are you going to hook up a debugger on IOS device? There isn't a jailbreak for the current OS. Setup cert pinning on the app and you won't be able to even install your own trusted cert to look at the TLS traffic.