Korten identified two primary competitors as of November 2021. The first is Clear, the airport security and identity verification company, which Korten said completed an IPO in the summer of 2021 and is actively competing for NFL team contracts that Bindle is also pursuing. The second is IBM, which Korten described as the technology service provider for New York State's health credential verification program. These characterizations reflect Korten's own statements and are not confirmed figures or positions from Clear or IBM.
Korten also referenced the broader competitive dynamic of paper-based credential checks, which he acknowledged are fast, universally accepted, and represent the path of least resistance for most venues. He framed Bindle's positioning as a fast-lane complement to paper rather than a replacement, similar to TSA PreCheck at airports.