i didnt see anything new in this article. Others are already doing or thinking about doing. Oneplus is just doing the same.
one plus plan to store your biometric data themselves.
All other finger print readers store that data on secure areas of the device not in the cloud or in their servers.
Likewise one plus want to store and therefore have ability to access to your personal Bank, CC and other details.
Basically one plus want to own and store / control every bit of information on you - which goes far beyond what Google and Apple currently keep.
It screams of being open to abuse.