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Clear Secure, Inc. (NYSE: YOU) is a pioneering identity verification company that is revolutionizing the way people interact with security processes in various environments. Headquartered in New York City, Clear Secure, Inc. operates in 21 airport locations and six sports venues, providing a seamless and secure experience for its members.
Clear Secure's core business revolves around its biometric identity platform, which uses fingerprint and eye scan technology to automate identity verification. This innovation ensures that travelers can pass through security checkpoints quickly and safely. With over 22 million members, Clear Secure has built a substantial user base and continues to grow its network of partners globally.
Recently, Clear Secure has launched its services at Kahului Airport in Maui, generating significant local economic impact and creating new job opportunities. Additionally, they have partnered with Hawaiian Airlines to offer discounted memberships to frequent flyers, thereby expanding their user base.
Financially, Clear Secure is on a strong trajectory, as evidenced by its recent financial results announcement for the first quarter of 2024. The company's identity verification technology continues to gain traction, not only in travel but across various sectors, including healthcare. Their partnership with Wellstar Health System aims to simplify and expedite the patient check-in process, showcasing the versatility of Clear Secure's technology.
Clear Secure is also making significant strides in the financial services industry through its partnership with Public, an investing platform. This collaboration allows members to verify their identity quickly and securely, further enhancing the user experience.
Clear Secure remains committed to privacy and data security, ensuring that members' information is protected and never sold. Their dedication to creating frictionless experiences underscores their mission to make everyday interactions easier, more secure, and efficient, whether at the airport, stadium, or online.
Overall, Clear Secure, Inc. is a forward-thinking company that is setting new standards in identity verification, continually expanding its footprint, and shaping the future of secure and seamless experiences for millions of users worldwide.
CLEAR Secure, Inc. (NYSE: YOU) is set to release its third quarter financial results for the period ending September 30, 2021, on November 15, 2021, at 6:30 a.m. ET. A live discussion will follow at 8:00 a.m. ET via teleconference and webcast. CLEAR has over 7 million members and more than 100 partner locations across North America. The company emphasizes the security and privacy of its members, ensuring personal data is not sold and adhering to high-level security standards.
On October 21, 2021, CLEAR (NYSE: YOU) launched its new service, 'Reservation Lane powered by CLEAR', at Orlando International Airport (MCO). This complimentary offering allows travelers to reserve dedicated security lane time slots, enhancing predictability and control during travel. MCO is the first airport to pilot this service, which includes scanning a QR code for expedited TSA screening. With CLEAR's extensive airport experience, this initiative aims to improve travel efficiency, continuing their commitment to frictionless security solutions.
On October 6, 2021, Six Flags Entertainment Corporation announced a partnership with CLEAR (NYSE: YOU) for a new vaccination verification process at Six Flags Magic Mountain. Starting October 7, guests can use the CLEAR app to expedite entry during designated mega events. This system allows for secure proof of vaccination, enhancing safety and efficiency. CLEAR’s digital vaccine card provides a mobile and secure method to streamline entry, reducing public health risks. The partnership aligns with CLEAR’s extensive initiative to support safe environments across various organizations.
CLEAR (NYSE: YOU) has expanded its identity technology and expedited lanes to all nine terminals at Los Angeles International Airport (LAX). This follows earlier launches at Oakland and Sacramento airports, enhancing CLEAR's presence in California. The technology, leveraging biometric data, is now implemented across 38 airports and over 130 partners nationwide. CLEAR offers an annual membership for $15/month with family plans available. With a focus on privacy, CLEAR does not sell member data and is recognized for its high-security standards.
CLEAR (NYSE: YOU) has announced that iPhone users can now share verifiable health records from the Apple Health app with CLEAR's Health Pass. This update enhances user access to their health information, allowing seamless sharing of COVID-19 vaccination records. Users can enroll via the CLEAR app, which connects their verified identity to their proof of vaccination, facilitating faster entry to various locations. Over 130 organizations have adopted Health Pass to foster safer environments. The integration aims to empower users and support their return to regular activities.
Rite Aid (NYSE: RAD) has partnered with CLEAR (NYSE: YOU) to provide customers with a secure digital vaccine card for COVID-19 vaccinations. Customers can easily access this card via CLEAR’s app after receiving their vaccinations at Rite Aid locations. This initiative aims to facilitate proof of vaccination for various activities, particularly as requirements increase across states and businesses. Rite Aid has administered over seven million vaccinations, showcasing its commitment to community health.
Tappit and CLEAR (NYSE: YOU) have announced a strategic partnership aimed at improving the consumer experience in entertainment and retail sectors. The collaboration will combine CLEAR's mobile identity verification with Tappit's cashless payment solutions, allowing users to verify their identity and make purchases without physical cards or cash. This initiative focuses on enhancing safety and security for consumers, particularly in age-restricted transactions. The integration will be featured in team-specific game day apps to streamline the fan experience as venues expand capacity.
On Sept. 13, 2021, Resy, owned by American Express, announced a partnership with CLEAR (NYSE: YOU) to offer CLEAR's Health Pass technology to all Resy restaurants free through 2022. This service helps restaurants manage health protocols amid COVID-19. With features like vaccination proof and health surveys, the initiative aims to alleviate operational burdens for restaurants during challenging conditions. Resy previously extended fee relief for 15 months during the pandemic and continues to support the industry with technology solutions.
CLEAR (NYSE: YOU) has launched the "Come Back Better" initiative to promote safe business operations as cities implement vaccine mandates. This initiative supports organizations by providing digital vaccine solutions to protect communities. Currently, over 130 organizations are utilizing CLEAR's services, notably during New York Fashion Week. CLEAR offers a Health Pass and a Digital Vaccine Card that connect users' identities to health information, with over 2 million Health Passes created since May 2020. CLEAR's solutions aim to facilitate a safer return to normalcy across various sectors.
OpenTable, a leader in online restaurant bookings, partners with CLEAR to streamline proof of vaccination for diners. This collaboration allows users to easily show their vaccination status at restaurants requiring it, enhancing safety as the Delta variant spreads. Launching in September, the feature integrates with OpenTable's app, linking diners to CLEAR's digital vaccine card, which securely verifies vaccination status. OpenTable has already helped over 135 million diners during the pandemic, implementing new safety and operational features for restaurants.
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