Re today's vote in San Francisco to ban on the use of facial recognition technologies in law enforcement, some background from Michael Magrath, Director, Global Regulations & Standards, OneSpan: The intent of the law is to ban the use of biometrics for surveillance activities primarily by law enforcement. The ban targets those entities using facial recognition without permission, and is limited to business conducted for the City of San Francisco either by law enforcement or city agencies.
Banks, e-commerce and other entities using biometrics in their interactions with customers are covered by their End User License Agreement (EULA), so this particular legislation won't impact them by and large, although there could be some BYOD implications, but is certainly interesting in terms of consumer sentiment and in particular, the emotions some groups have surrounding new technologies.
For perspective on the commercial uses of biometrics, remember that banks are losing more than $10B per year to fraud and biometrics are bringing that number down, which benefits all consumers.