Yes, because we've basically realized that memorizing passwords isn't a workable solution. We should be recommending password managers that generate/store strong passwords and MFA for any account that needs to be secure. That these password generators themselves can now be unlocked using both memorized information and biometrics (TouchID and such) makes them all the more secure.
Moreover, this is the only solution that's capable of dealing with all the asinine password requirements that get imposed on users...solutions like this card fail hard when the password requirements prohibit certain characters and/or other characteristics of these passwords (repeated characters, length, etc.) Until the world gets together and standardizes what constitutes a secure password, memorized passwords will always be a flawed solution.