Partners leverage CLEAR to verify their consumers in financial services to build trust, reduce fraud, and streamline access to critical products. Financial services use cases are traditionally embedded across platforms and workflows such as:

Account Opening & Onboarding (KYC, AML, and fraud prevention)
Payments & Money Movement (secure transactions, high-risk authentication)
Wealth & Investment Platforms (seamless login, regulatory compliance)
Credit & Lending (identity verification for loan applications)
Insurance (policyholder verification, claims processing)

Below is a list of financial services use cases and our implementation recommendations:

Account Opening & Onboarding

(KYC, AML, and fraud prevention) Enable financial institutions to onboard customers quickly and securely while meeting KYC, AML, and fraud prevention requirements. Ensure only verified individuals gain access through CLEAR’s trusted identity verification.

Select Integration Method

1A. Select Integration Method

Recommended: Standard Integration
Other Options:

OAuth 2.0 and OIDC (works with SSO, federated identity)
Out-of-the-Box (fastest to deploy, minimal engineering effort)

Match or Create Users

1B. Match or Create Users

Recommended: Account Binding
Other Options:

CLEAR Biographic Matching API
Custom matching (if you maintain your own identifiers)

Data Storage

1C. Store Data

Recommended:

UserID / PSUID (persistent identifier)
VerificationID (session reference for re-checks)

Optional:

PII (only if required for compliance or to populate non-IAM systems)

Payments & Money Movement

(secure transactions, high-risk authentication) Enable secure and seamless money movement across platforms with high-risk authentication backed by CLEAR. Ensure every transaction is protected by verifying the identity of individuals initiating payments.