Credas Breaks New Ground with Identity Checks Every 0.8 Seconds Amidst Record Growth

Credas, part of the Dye & Durham Corporation, has hit a major milestone, completing an identity check every 0.8 seconds, surpassing the impressive “one-second hurdle.” This remarkable achievement highlights Credas’ position as a leader in digital identity verification, handling a significant volume of transactions with outstanding efficiency.

Tim Barnett, CEO of Credas, shared the milestone in a recent post, noting:

“Beating the ‘check a second’ hurdle is really significant. This is huge volume by any standards.”

This milestone comes during a period of significant growth for Credas, with some major highlights including:

• 41% of UK housing transactions last month used Credas technology.
• Credas’ app is the highest ranked in the industry, with downloads in over 200 countries.
• The legal sector is now the fastest-growing market for Credas, growing from near insignificance to making up one-third of the business in just 12 months.
• The newly launched KYB2KYC product has been a huge success, offering innovative and streamlined identity verification solutions.

Having undergone a re-platforming over the past year, Credas is now reaping the rewards of its hard work. With customer support tickets at an all-time low and the ability to handle vast transaction volumes with just four back-office staff, the company’s platform is proving its class-leading capability.

Tim Barnett added:

“The past six months has certainly seen Credas pull away as the leading provider of our type—but what excites me most is that we’re only now hitting our stride. Our fantastic team has so much more to come, with some really clever ideas in the pipeline.”

Passing the 1-second milestone is a fantastic achievement for Credas, as the company continues to push the boundaries of innovation in the identity verification space. As the team looks toward the future, they remain committed to further growth and continued success.

To watch the video and learn more about this exciting milestone, check out the original LinkedIn post by Tim Barnett here.