Please note: The information in this guide may only be relevant to clients using Credas directly via Credas Connect

An Overview of our Journeys & Products

This article will provide you with an overview of the products Credas offers. At Credas we offer our products in two distinctive ways:

1. Through pre-built 'journeys' that encompasses different checks or tasks which can be sent out to individuals to complete, for an example an AML journey. 

2. Through products that you can order manually on the Credas platform, such as our KYB solution or manual data checks. 

The products/journeys you have available to use will depend on your sector, and requirements of using Credas. If you are interested in using any of the products/journeys discussed below that are currently not available on your portal, please reach out to our team at sales@credas.com.

Products & Journeys

Payments

Our built-in payments feature makes it easy for you to collect fees from your clients as part of their compliance checks. For more information on our payments solution, please click here. 

Credas Lettings (Tenant & Landlord Checks)

Our Lettings solution is designed with the unique challenges of lettings agents in mind and helps streamline compliance with specifically created tenant and landlord checks - offering different compliance levels depending on your needs. We provide you with a dedicated lettings portal for data segregation and separate branding as well as offering a bulk upload solution. To find out more regarding our landlord and tenant journey options, please click here. 

Biometric Identity Verification

Our Identity Verification solution covers 2,500+ documents across 195 countries which includes the below checks:

• NFC Scan: Our software can scan the NFC chip within an e-passport to read the biometric data to confirm its validity. 
• Visual Analysis: Our software scrutinises the ID document against a high level of authentication checks. These elements are automatically extracted using OCR (optical character recognition) and are checked using algorithms to verify the composite checksum digits, expected date ranges etc. to confirm the documents validity. 
• Facial Match: We confirm the individual in the selfie matches the person in the photo ID using facial recognition technology. In addition to biometrics, our facial recognition technology also captures traditional algorithms to identify facial features and landmarks from the image of the face. If both the selfie and photo image is clear, the system will analyse the shape and size of the individuals face, inline with the position of their eyes, mouth and ears to confirm a match. 
• Name Match: Name check confirms the name on the invite you entered when sending the journey mates the name on the Identity Document.
• Date of Birth Match: Date of Birth check confirms the date of birth on the invite you entered when sending the journey mates the date of birth on the Identity Document.
• Mismatch Check: This checks whether the Identity Document captured by the individual
• Age Validation Result: This checks whether the date of birth on the Identity Document confirms the holder to be at least 16 years of age, as that is the minimum age we verify. 
• Police Record: This checks the Metropolitan Police 'Amberhill' database to determine whether the document has been recorded as lost, stolen, or compromised. 
• Compromise Alert: This checks national databases of reported compromised documents. 
• Repeated Attempts: This checks whether the document has been submitted before but with different information (i.e. same face and passport number, but different date of birth).

To find out more regarding our Identity Document checks and results, please click here.

UK Address & Mortality

Our UK Address & Mortality checks will check an individuals name, address & DOB against the Credit Reference Agency & Electoral Roll sources to confirm they reside at the address in question. The individuals name and address will also be checked against the UK deceased persons record. We have different address profiles (pass parameters) that can be set up to your specification. These can be found here.

PEPs & Sanctions Screening

We offer a selection of different checks that can be included in your PEPs & Sanctions check including:

• PEPs: The individuals name and date of birth will be checked against international and domestic PEP databases. This includes former and associated PEPs. 
• Sanctions: The individuals name and date of birth will be checked against international and domestic sanction databases. This includes former sanctions. 
• Adverse Media: Evidence that an individual has been reported and involved in financial crime from global newspapers, new sites or other verified media. 
• Disqualified Directors: This will check if the individual has been disqualified as acting as a director of a UK company, sourced directly from Companies House. 
• Law Enforcement: Evidence of official documentation that the individual is on a watch-list from Law Enforcement bodies such as the Police or any other agency such as Interpol or the FBI will be flagged. 
• Profiles of Interest: A POI is desgined as a person that can be linked to outdated reg flags, such as an expired PEP status, reputational risk or regulatory measures no longer in force. 
• Ongoing Monitoring: Ongoing Monitoring automatically re-runs PEP & Sanctions checks of individuals for a period of your choosing. This includes daily checks to verify that no new risks or issues have arisen that could impact the transaction.

If you would like to customise your PEPs & Sanctions settings, please click here.

Credas+ Remediation 

We offer Credas+, a fully managed service offering fully remediated checks. For more information on Credas+, please click here. 

Know-Your-Business Company Reports

Our KYB solution allows you to gain instant, comprehensive reports on over 400 million private and public companies across 200+ countries and territories including key financial data, group structures and UBO's. Our KYB solution also lets you run KYC/AML checks on key individuals in a few simple clicks. To find out more on our KYB reports please click here.

Right to Work

Our Right to Work journey is DIATF certified allowing you to complete compliant remote checks. To find out more about our Right to Work checks, please click here.

Director Verification

We offer two Director Verification journeys specifically designed to meet Companies House requirements, obtaining all the documents and information you need as an ACSP to verify a directors/shareholders identity. To find out more, please click here.

Bank Account

You are able to run a UK bank account check on individuals to confirm the bank account is real and that the individual in question is the named holder. To run a bank account check, please read our guide here. 

Proof of Ownership

We offer three checks as part of our Proof of Ownership solution:

• Proof of Ownership: Confirms whether the individual in question is listed on the Title Register and if the property is held in sole or joint ownership.
• Title Register: Provides a copy of the Title Register to determine full ownership details, lease lengths and any restrictions straight from the land registry.
• Title Plan: Provides a copy of the Title plan including any boundaries straight from the land registry. 

To run a Proof of Ownership and/or obtain the Title Documents, please read our guide here. 

Source of Funds

Our Source of Funds journey works as a questionnaire, calculator and tracker that gathers evidence from individuals for the property they are purchasing. They will be able to choose which funding source(s) they are using to complete the property purchase before being asked to provide evidence which may be via document upload or connecting to their bank using Open Banking, giving you six months worth of data including affordability, income and expenditure reports. To find out more, please click here.

Open Banking

Open banking checks are automatically included in our Source of Funds questionnaire but can also be sent to an individual on its own for affordability checks for purchasers, tenants and more. Open Banking allows individuals to easily connect to their bank account(s), giving you six months worth of data including affordability, income and expenditure reports. To find out more, please click here. 

Additional Features

Branding 

We offer the ability to fully brand your portal, email & SMS invites and the credas app individuals see when completing checks. To read through our branding guidelines and submit a branding request please click here. 

API

We offer a flexible and simple API for you to integrate with as well as off the shelf CRM integrations. If you are interested in using our API please reach out to our team at sale@credas.com for more information.

Got any questions? 

If you have any questions please reach out to the Credas support team by contacting us here

We are committed to continually improving our support resources for you. We would greatly appreciate your feedback below to help us enhance your experience.