Latest news with #TimBarnett
Finextra
09-07-2025
- Business
- Finextra
Credas debuts compliance wallet
Credas Technologies, the UK leader in identity verification, will launch the country's first compliance wallet – a reusable compliance solution designed to reduce friction in the homebuying process, eliminate repeat compliance checks, and combat rising fraud risks across regulated sectors. 0 Designed for use across all regulated sectors, the wallet will initially launch in the property market, where repeat checks are a persistent challenge. Each compliance wallet carries not just a verified identity but a complete compliance profile - including PEPs and sanctions screening, AML checks, digital address verification and ongoing monitoring - enabling faster, trusted onboarding with minimal friction that can be shared at the click of a button. The wallet marks a major step forward for the UK's digital identity ecosystem. Disrupting the entire ID space, it will revolutionalise onboarding processes, breaking previous bounds and building the most efficient ID and AML verification ever. It will integrate with the new UK digital driving licence and the Wallet, enabling seamless portability of verified credentials across both public and private sector services. 'Re-checking compliance data is a huge inefficiency that slows transactions and frustrates everyone involved,' said Tim Barnett, CEO at Credas. 'Our compliance wallet changes that. It puts control back in the hands of users, lets firms share and trust verified data instantly, and reduces the compliance burden without compromising security.' Unlike traditional solutions, the Credas Compliance Wallet will be instantly available, reusable, and allow users to easily share verified credentials with multiple parties such as Estate Agents, Conveyancers and Mortgage Brokers in just one click. The wallet will be an agnostic solution, making it accessible to both Credas clients and non-clients alike. The launch follows the Royal Assent of the Smart Data Bill, which sets a regulatory foundation for reusable digital identities in the UK - paving the way for mainstream adoption of verified, user-controlled identity. 'With the Smart Data Bill now in force, digital identity verification can finally live up to its name, providing convenient mobile access to identity data at a click of a button.' Tim Barnett, CEO at Credas. So far in 2025, Credas has verified over 2.5 million individuals, a 35% increase year on year. With a 52% share of the UK property market, the company expects to generate millions of their new Compliance Wallets by the end of 2026. The Credas Compliance Wallet will be officially unveiled at an exclusive event on Thursday 18th September 2025.
Business News Wales
05-06-2025
- Business
- Business News Wales
Identity Fraud Surges Across UK Real Estate Sector
New research has revealed that 70% of real estate professionals have witnessed a rise in identity fraud in the past year, as businesses grapple with the growing threat of sophisticated digital deception. Despite the surge, only 14% regularly escalate fraud cases to the authorities, raising concerns about accountability and enforcement. The study of 250 UK-based real estate workers was conducted by Credas Technologies, which specialises in identity verification technology, and highlights a growing reliance on technology to fight back. Nearly two-thirds (65%) of real estate companies now detect fraud through digital or automated methods, signalling a strong shift towards tech-led defences. More than half (52%) of respondents reported encountering fraudulent identity documents, with fraud cited as the most pressing concern in ID verification (34%), followed by customer experience (24%) and operational inefficiency (20%). 'Fraud is getting worse,' said Tim Barnett, CEO of Credas. 'But the good news is that technology is not just keeping pace, it's gaining ground. Digital ID verification is proving to be one of the most effective tools in detecting and preventing fraud, while also improving the experience for legitimate customers. The future of fraud prevention is automated, intelligent, and proactive.' However, the report also reveals a troubling gap in response. While fraud is on the rise, 56% of real estate professionals rarely or never escalate cases to the authorities, suggesting a potential weakness in the broader fraud response ecosystem. 'As fraudsters grow more sophisticated, the message is clear,' Tim continued. 'The real estate industry must adopt more advanced techniques to stay ahead.'
Otago Daily Times
29-05-2025
- Business
- Otago Daily Times
Grants totalling over $128k made
PHOTO: ODT FILES Twenty-one local non-profit charities and community groups have recently received a funding boost. At the May meeting of the Community Trust of Mid & South Canterbury, $128,773 was granted to 21 organisations in the Timaru, Waimate, and Ashburton districts to help key services operate for locals. Timaru organisations received $37,773, Waimate $5000, Ashburton $41,000, and $45,000 went to district-wide organisations. District-wide grants were comprised of: $10,000 for Alzheimer's South Canterbury for operational costs $2500 for the Cystic Fibrosis (CF) Association for wraparound services for CF sufferers $15,000 for Stopping Violence Services for the Enabling Youth programme $10,000 for Age Concern South Canterbury for operational costs $7500 for Youthline Central South Island for their crisis line. In the Timaru district, $37,773 was granted for services comprised of: $2000 to Barry's Food Bank towards their pet food drive for pensioners, $4000 to Bellyful NZ for nourishing whānau in Geraldine, $5000 as a guarantee against loss for the NZ Choral Federation and the Big Sing in Timaru, $5000 to South Canterbury Neighbourhood Support, $1000 for Target Shooting South Canterbury for range operating expenses, $3273 to Air Training Corps for operational costs, $10,000 to Parkinson's NZ for wrap-around support for people with Parkinson's in South Canterbury, $7500 to Timaru Yacht and Powerboat Club towards insurance costs. In the Waimate district, $5000 was granted to Waimate Community Church for Christmas in the Square. Community trust chief executive officer Tim Barnett said these grants were to help keep the doors open for important organisations throughout Mid and South Canterbury. "We are very aware of the increasing cost pressures on charities and non-profit groups who provide essential services across our region, and we are here to support them. "Our key message is always that we are here to help." — APL
Associated Press
20-03-2025
- Business
- Associated Press
OnlyFanless.com® to Showcase Cutting-Edge Fanless Computers and Panel PCs at Automate 2025
is excited to showcase its latest range of high-quality fanless computers and Panel PCs at Automate 2025 on May 12-15, 2025 in Detroit, MI. 'Our products are designed to meet the demanding needs of industrial and embedded applications while offering the reliability and long-term performance our customers expect.' — Tim Barnett INDIANAPOLIS, IN, UNITED STATES, March 20, 2025 / / -- a proud member of the family, is excited to showcase its latest range of high-quality fanless computers and Panel PCs at Automate 2025 on May 12-15 at Huntington Place, Detroit, MI. Visitors to booth 5902 will have the opportunity to experience firsthand the advanced technology and durability that products offer. As a leader in fanless computing solutions, is dedicated to providing industrial-grade computers that deliver exceptional performance, reliability, and efficiency. The company's strong focus on quality ensures rapid shipping times, allowing businesses to integrate top-tier, fanless solutions without delays. 'We are thrilled to present our latest innovations at Automate 2025,' said Tim Barnett, President at 'Our products are designed to meet the demanding needs of industrial and embedded applications while offering the reliability and long-term performance our customers expect.' Attendees are encouraged to visit the booth to learn more about the advantages of fanless computing and explore the latest models available. For more information, visit and Tim Barnett Industrial PC, Inc +1 317-915-1005 ext. 219 Legal Disclaimer:
