PINs and passwords can be reset
 Banks and other institutions know that passwords can be stolen, so they successfully compartmentalise information to limit theft or damage.  If a biometric system is compromised, then all accounts are open to a thief, the onus of care shifts to the individual and you can't reset a fingerprint.
Immediately related elementsHow this works
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The ID System Debate »The ID System Debate
The case for introducing the proposed ID System »The case for introducing the proposed ID System
Existing ID methods aren't reliable »Existing ID methods aren't reliable
PINs and passwords easy to steal »PINs and passwords easy to steal
PINs and passwords can be reset
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