I was just thinking the other day how you won't even have to tap your card to pay for something - just walk up to the register. The future is bright, but most likely - dark and terrifying.
The future is dark and full of terrors. 1984 and Fahrenheit 451 only scratched the surface. I truly expect in the future we'll voluntary put ourselves into the Matrix or the Oasis. It will be the only way to cope because real life will become so controlled.
And for your correct understanding: FR is not authoritative, is is not secure for financial transactions. Any company implementing FR alone as authentication to access sensitive, personal or financial data is stupendously foolish. Apple's FaceID is not 2D, it uses additional 3D data and multiple frames, so it is more secure, but not enough in my opinion for financial access.