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CLEAR S-1 Shows Biometrics’ Pivot Beyond Travel

Biometrics are poised to make the leap beyond airports, and to act as a passport to any number of environments where crowds gather in the post-COVID reopening.

To that end, biometric security firm CLEAR filed its S-1 with the Securities and Exchange Commission (SEC), paving the way for an initial public offering (IPO) on the New York Stock Exchange.

CLEAR may arguably be best known for its origin that ties into creating “a frictionless travel experience while enhancing homeland security,” as described in the prospectus. At a high level, the company’s biometric security service offers subscriptions to its services, speeding up passenger flow through TSA lines at the airport.

But branching into other use cases shows how fungible, in a way,

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