DocuSign and CLEAR launch identity verification solution for digital agreements

DocuSign Inc. (NASDAQ: DOCU) and CLEAR (NYSE: YOU) announced a new identity verification solution for digital agreements in the U.S. The partnership integrates CLEAR's biometric verification technology with DocuSign's agreement platform.

The solution uses CLEAR's B2B secure identity platform, CLEAR1, to enable users to verify their identity within the DocuSign agreement process. CLEAR members can verify their identity with a selfie, while non-members can create a free account in less than 90 seconds within the DocuSign workflow.

"Together with CLEAR, DocuSign is leading the way in ensuring that businesses don't have to choose between security and a seamless customer experience," said Allan Thygesen, CEO of DocuSign. "This new solution combines our industry-leading Intelligent Agreement Management platform with CLEAR's trusted and familiar biometric verification."

DocuSign is introducing Risk-Based Verification, which adjusts the verification process based on automatically-generated risk profiles. Low-risk users receive streamlined verification while higher-risk scenarios undergo additional security checks.

The companies cited rising identity fraud concerns, referencing a Gartner report predicting that one in four candidate profiles worldwide will be fake by 2028. According to DocuSign's "The Future of Global Identity Verification" report, 66% of businesses view fraud prevention and customer experience as competing priorities, while companies investing in advanced identity verification solutions have saved an average of $8 million by reducing fraud.

DocuSign serves over 1.7 million customers and more than a billion people across 180 countries. CLEAR has over 33 million members on its platform. DocuSign becomes the first agreement management platform to integrate CLEAR's verification experience.

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