Given that chip and pin has been essentially hacked by at least 2 separate live methods in the field ( https://www.wired.com/2015/10/x-ray-scans-expose-an-ingenious-chip-and-pin-card-hack/ ) I find it amusing when I read that a banks method is more secure than a technology companies.
In the longterm, people tend to like technology companies and hate banks. Large technology companies should be able to design features that allow basic banking features (direct debit, transfer, etc.) with integrated secure/biomarker security. We'll see how this plays out