Earlier quoted context omitted.
It's a "something you are" authentication factor, since it is presumed that the cost of faking a fingerprint is too high to be worth it in those cases.
https://www.schneier.com/crypto-gram/archives/2002/0515.html... "He used $10 of ingredients you could buy, and whipped up his gummy fingers in the equivalent of a home kitchen. And he defeated eleven different commercial fingerprint readers, with both optical and capacitive sensors, and some with "live finger detection" features." That article's a little old now and the tech may well have improved since but I wouldn'…
If they'll move to the new optical sensors the the refracted IR ones can sense the flow of blood in the veins of your finger.