Apple claims that the odds of a random person's finger unlocking your iPhone with Touch ID is 1 in 50,000, and the odds of a random person's face unlocking Face ID is 1 in 1,000,000.
Banks are all about risk management not necessarily avoiding and and all risks.
But again if you can't trust your twin well then your phone is the last thing I would be worried about.
Ask their mom. (Hint: They're not.)
Perhaps they can sidestep this by offering a specific twin learning feature.