Credas, a Cardiff-based technology start-up, is using real-time facial recognition technology to help companies speed up and simplify the process of ID verification, enabling estate and lettings agents to easily comply with Right to Rent legislation.
The first of its kind in the UK, Credas enables landlords and letting agents to verify essential ID documents and match the photos on those documents with the person, in real-time, by using an app.
By texting or emailing a link to the Credas app, potential tenants can verify themselves anywhere, any time. This truly mobile and real-time identification verification technology can verify up to 4,000 types of ID.
Credas helps landlords and agents with the audit trail needed to comply with Right to Rent, as it records the verification on its highly secure cloud-based platform. This takes the burden off the landlord to keep the ID, as it will be automatically stored. It reduces the risk of a criminal record, as well as a possible fine of up to £3,000. Therefore, using Credas also minimises reputational risk.
Rhys David, formerly at Gocompare.com, says, “Right to Rent legislation has increased costs and time spent verifying tenants. Having to physically check that the photo ID matches the tenant can be difficult if they are relocating from another part of the UK. Credas solves all of these problems in one handy app, enabling letting agents to hook up their own CRM to our verification engine.