FB pixel

Clear CEO makes case for share of potentially lucrative biometric digital health credential market

Clear CEO makes case for share of potentially lucrative biometric digital health credential market
 

People will get used to widespread health screening. That point was emphasized in an interview of Clear Chairman and CEO Caryn Seidman-Becker by CNBC about the company’s attempt to leverage its biometric identity capabilities to corner the multi billion-dollar digital health credential market.

Clear launched its Health Pass in May to provide a health credential that shares the user’s health status without divulging further personal information by linking health data with a digital ID with facial recognition. The health data is supplied in the app’s initial form by a questionnaire, but the app is architected to accept data from other sources, such as test results, or perhaps in the future vaccination records.

How widely will access be controlled in this way?

“People are accustomed to moving through an airport security check, and that’s the sentiment that many hospitality companies are saying, is that health screening would need to be the sort of thing that people get used to,” IDC Senior Research Analyst for Hospitality and Travel Digital Transformation Strategies Dorothy Creamer told CNBC.

In addition to Clear’s established markets at airports and sports facilities, that means restaurants and hotels, which industries Creamer sees increased demand from.

CNBC notes that IDC has forecast the market for apps and other software supporting business reopening at $4.3 billion.

“Just like screening was forever changed post-9/11, in a post-COVID environment you’re going to see screening and public safety significantly shift, but this time it’s beyond airports,” Seidman-Becker told CNBC in the interview.

“While we started with travel, at our core we’re a biometric secure identity platform,” she added.

The Tony Blair Institute has come out in favor of digital health credential secured with biometrics, but the World Health Organization has warned that the implementation of “immunity passports” could lead to increased risk of virus spread, the direct opposite of its intended effect.

Shortly after Health Pass was announced, a pair of U.S. Senators asked for a response from Clear to a series of questions about data privacy within 30 days, which means a response is expected within the next several days.

Clear has also been named to CNBC’s Disruptor 50 list, placing 39th. The company was number 22 on the same list in 2019. In its write-up, CNBC acknowledges that Clear’s travel facilitation business has been greatly impacted for the worse by the pandemic so far, but goes on to explain Health Pass.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

As retailers turn to biometrics to reduce theft, costs of poor implementation loom

Demand for biometrics to reduce retail crime continues to rise, but the risk of flawed deployments of the technology are…

 

Socure announces faster biometric IDV, deepfake and synthetic identity fraud detection

Identity verification provider Socure has announced the launch of its next generation DocV, now including enhanced deepfake selfie biometrics detection…

 

Rights group criticize EU AI Act for inadequate protections against potential abuse

The EU’s AI Act is done, and no one is happy. Having been adopted by the European Parliament in March…

 

Kids Code bills prompt epic showdown between regulators, activists and big tech firms

The latest craze sweeping the United States – legislation to protect kids’ data and overall online safety – has its…

 

UK’s £54M welfare fraud case illustrates need for biometric identity verification

A team of fraudsters has been convicted for what was described as “the largest case of benefit fraud in England…

 

Intellicheck, OneID tout banks’ unique position to cut fraud as digital ID enablers

Banks could play a significantly larger role in protecting consumers, businesses and payment systems from fraud, Intellicheck CEO Bryan Lewis…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read From This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events