CLEAR Expands Into Financial Services, Launches Its First Reusable Know Your Customer Solution
Portfolio Pulse from Benzinga Newsdesk
CLEAR, a secure identity company, is expanding into financial services with the launch of its first reusable Know Your Customer (KYC) solution. The new solution aims to help financial services companies convert prospects into customers by reducing the traditional 40% drop off at onboarding due to friction.
October 04, 2023 | 8:32 pm
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CLEAR's expansion into financial services with a new KYC solution could potentially increase its user base and revenue, positively impacting its stock.
CLEAR's new KYC solution is designed to reduce friction in the onboarding process for financial services companies, which could lead to an increase in their user base. This, in turn, could lead to increased revenue and a positive impact on the company's stock.
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