No. They even brought up Spock and Evil Goatee Spock to mention that twins defeat it.
(I say "defeat". Schiller just said the chances of a false positive were higher with twins than the 1/1,000,000 base rate [compared with his claim of 1/50,000 for TouchID])
This was explicitly brought up by the presenter (though through the premise of an "evil twin" and a photo of Spock from Mirror, Mirror) and they said you should consider a password.
Twins shouldn't be a problem. Even the ghetto facial recognition implementation in the AliPay app (a Chinese PayPal clone) can tell twins apart. Surely Apple can do an even better job.