Credas Wins ‘Best Emerging Technology’ at Wales Online Digital Awards

WalesOnline digital awards 2018 at the Marriott Hotel, Cardiff. Frances Donovan presents the award for Best emerging technology, sponsored by City Executive Search, to Emma Williams, Head of Marketing at Credas. Picture credit – Rob Browne

We’re excited to announce that we were awarded Best Emerging Technology at the Wales Online awards ceremony on Friday 8th June.

Our – award-winning – facial recognition software speeds up identity verification across a range of sectors, has been recognised and awarded by industry peers, and presented and sponsored by City Executive Search.

Credas’ CEO Rhys David said on taking home the award:

Wales is becoming well known for its thriving digital sector and is home to so many exciting tech businesses, with more being developed every day. We were up against some outstanding companies at the Wales Digital Awards and to be recognised as a leading digital innovator among such tough competition is amazing.

We have an exceptional team behind us at Credas who work incredibly hard at driving innovation, and to win this/these awards is really a testament to their dedication. It’s been an exceptional year for us and we’ve managed to surpass all expectations we had for our first year in business.

The Awards

The Wales Online Awards celebrate the individuals and organisations which are driving innovation and growth across digital technology in Wales, the UK and further afield, and aim to recognise the best in Welsh business.

The award could not have come at a better time, as we have recently celebrated our first anniversary in business this June, and along with Friday’s win, we have made some significant achievements in the last 12 months.

Starting with two employees, we now have 14 staff and have over 50 customers across the estate agency, accountancy, legal, recruitment, and construction sectors. We have also secured our first cryptocurrency client, heralding a move into another new sector.

We’ve formed partnerships with the ESTAS (The Estate Agent of the Year Awards) and The Guild of Property Professionals and was shortlisted for two awards at the ESTnet Technology Awards earlier this year.

We have developed a suite of products and services designed to cut the time and cost it takes to verify more than 4000 types of identification. It provides an easy and secure way to match ID photos with the actual person instantly either using a mobile-enabled portal, ensuring that the verification process can happen swiftly, safely and at any time that’s convenient to the client and user.

Our technology works in a range of sectors, including recruiters, mortgage and finance providers and any business which needs to verify ID to comply with regulations. It can help companies comply with right to rent, anti-money laundering, modern slavery, know your customer and anti-fraud legislation.

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