At what point is stealing a fingerprint, retina print, or face going to be economical enough for the thief that this would be an actual valid concern in 99% of use cases? Both FaceID and TouchID need to read a living person with a pulse in order to authenticate. You can't just take a printout of a fingerprint and drop it in. This is a really heavy lift to try to jack some random person's phone. Unless you're securing State Secrets or occupy rarefied enough heights that you have a Swiss bank account I don't really see anyone bothering.
>and so consumers buy into this and then also use fingerprints to secure things like their bank accounts, work logins, password vaults
Which bank accounts are taking fingerprints? Do you mean people's banking apps on their phones? In order to get to that they would need to steal both your phone AND your fingerprint. If a thief is this enterprising your info. is lost anyway. And again, they would need an extremely high fidelity reading of your fingerprint and the ability to reskin a living finger with it. And they would have to execute all this before you get to an Apple Store or a PC to remotely shut it down.
>Then we get yelled at by people from the company because "Apple says fingerprints are the best for security, why aren't you letting us use them?" It's a pain.
This often happens when someone shoves policy down people's throats without explaining themselves or getting buy-in from their clients. This is a communication skills problem, not an issue with biometrics.