Earlier quoted context omitted.
I disable auto-lock. The primary reason for this is that I’m extremely intentional about using my phone. If I have some content open, I don’t want the screen turning off. This is an atypical choice, but I always lock when I’m done and don’t encounter any issues from this choice.
I do the same. I make sure to use FaceID, though. I also almost never use apps like dedicated banking apps or social media apps; instead, using Safari. I know folks that don’t lock, and don’t use Face/Touch ID, because convenience (or paranoia). I’m not sure that’s a good idea. We have our whole lives in these devices, and they could do a lot of damage. There’s an old movie, called Taking Care of Business [0], where…
Nearly every bank I know of recommends using apps over their website, since in general they're safer than using their websites. But I'm in The Netherlands and I don't know whether banking apps in different countries have the same security standards.