Data Vault Holdings has partnered strategically with CLEAR, a leading security identity platform, to enhance its Know Your Customer (KYC) solutions.
This collaboration follows Data Vault’s definitive asset purchase agreement to sell its Datavault and ADIO IP and IT assets to WiSA Technologies,. It reinforces its leadership in data visualization, valuation, and monetization.
By integrating CLEAR’s technology, Data Vault Holdings will bolster the security, compliance, and trust of its user accounts, particularly in securing Name, Image, and Likeness (NIL) rights such as voice, appearance, and copyrighted material.
The partnership ensures seamless integration of KYC processes into Data Vault’s Information Data Exchange, a solution designed to safeguard digital identities and support financial transactions.
“At CLEAR, we believe identity is foundational across so many industries,” said Andres Ricaurte, Head of Consumer and Financial Services at CLEAR. “We are partnering with Data Vault Holdings to deliver our secure, KYC-compliant solution for its customers.”
With the global market for Anti-Money Laundering (AML) and KYC solutions projected to grow from $3.1 billion in 2023 to $6.8 billion by 2028, the partnership addresses the increasing demand for secure and compliant identity verification in the digital economy. This collaboration is especially critical in the NIL landscape, where athletes and influencers monetize their brands.
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“Data Vault Holdings is proud to partner with a market leader like CLEAR, whose trusted partnerships set a high standard in identity verification,” said Nathaniel T. Bradley, CEO of Data Vault Holdings. “As the NIL market grows and KYC becomes essential to revenue-generating activities, we believe this collaboration will deliver industry-leading solutions for businesses and individuals.”
This partnership will see Data Vault Holdings integrate its digital twinning and data monetization technology with CLEAR’s identity verification platform, improving KYC accuracy and efficiency across sectors, including NIL, sports, entertainment, financial technology, and education.
