Inverite Insights Inc.

The trends are clear; sophisticated fraud attempts are becoming more challenging to detect with manual ID verification, while greater visibility into bank verification processes would help optimize user flows and reduce drop-offs. You've asked for stronger fraud protection and more actionable insights throughout the verification journey, and we've delivered.   At Inverite, we're committed to helping our clients stay resilient, secure, and one step ahead. That's why we're excited to announce two major enhancements to our ID and bank verification tools:   🔍 1. Enhanced Liveness Check in ID Verify Our new biometric-based liveness detection ensures a real human is present during every verification, preventing spoofing and boosting accuracy.   Key updates include: ✔️ Fraud Check Status (Approved/Denied) ✔️ Liveness Confidence Score ✔️ One-step UX + audit-friendly compliance support   💳 2. Real-Time Bank Verification Event Notifications We’ve updated our integration methods for lifecycle event data to help you identify why a verification failed and respond proactively. Now you have more options so you can: ✔️ Customize flows based on specific errors ✔️ Improve messaging and reduce drop-offs ✔️ Re-engage users with targeted follow-ups   These updates are all about giving you more control, more visibility, and more fraud resilience, without sacrificing the user experience.   Read our full news release here: https://lnkd.in/g9AhDqGb   #IdentityVerification #FraudPrevention #Fintech #LivenessDetection #DigitalOnboarding #BankVerification #AI #Inverite #CSE #INVRD #CreditRisk #UX

Gary Schwartz (Canadian Lenders Association), Op-Ed, Financial Post, May 30, 2025: “If the prime minister wants to navigate an unconventional economy, he should embrace an unconventional tool. It is time for Canada’s leadership to finally lean into financial technology companies, or fintechs, to do what they do best: bolster Canada’s economy and drive innovation. But to do that, government must advance policies that allow fintechs to reach their full potential. That starts with accelerating open banking. With the right policy infrastructure, including clear standards, secure data-sharing frameworks and access to real-time payments, fintechs can help modernize financial services and offer Canadians more choice and flexibility in how they manage their money. Done well, this would empower both consumers and businesses and, in turn, achieve broad economic momentum. Fintechs already play a critical role in Canada’s financial system. They allow services to be delivered faster and with more flexibility than governments or traditional banks can achieve on their own.” https://lnkd.in/gNGMBi7V

We're excited to announce that May has marked our biggest revenue month ever! 🎉 With an 18% growth over May 2024, our platform continues to be optimized with ML and AI, while new products and solutions help our lending partners reduce risk and expand access. "We continue to see growing demand for our platform as lenders look for smarter, data-driven ways to evaluate and serve credit-seeking consumers. This record-breaking month reflects not only the momentum we're building across our platform, but also the value our solutions deliver in helping lenders reduce risk and expand access, even in today's high-interest rate environment." - Karim Nanji Read more here: https://lnkd.in/g8tZkv6i #AI #FinTech #AlternativeLending #DataDriven #Lending #Inverite

Great insights from our team! 👏 Hamza Abbas represented Inverite well at the CLA Finance Summit, diving deep into the conversations that matter most for Canadian lending. Thanks to everyone who connected with Hamza at the event - these face-to-face conversations are where the real innovation happens! #Inverite #CLAFinanceSummit #TeamSpotlight #LendingInnovation #CanadianFintech

“Key speakers from across Canada’s Open Banking and Open Finance ecosystem will take to the stage at Open Banking Expo Canada to debate and discuss implementation and interoperability, the economic potential of Open Data, real-time payments, digital identity, fraud prevention and the role of AI in financial innovation. More than 80 speakers from Symcor, Ozone API, National Bank of Canada, GFT, JP Morgan, Fintechs Canada, Plaid, Interac, and Scotiabank, among others, will share insight across two content stages. The event, taking place on June 17, is the only one in Canada dedicated exclusively to Open Banking and Open Finance.” https://lnkd.in/gjzN5Tny Open Banking Expo, “Major Banks, Fintechs, Policymakers To Discuss Future Of Open Banking In Canada,” June 3, 2025

🏦 The countdown is on — only 12 days until the Open Banking Expo Canada in Toronto! Our CFO, Estelle L'Heureux, CFA, will be there connecting with fellow fintechs, financial institutions, and industry leaders to discuss how open banking is reshaping credit decisioning, identity verification, and the future of lending in Canada. 📍 June 17 | Toronto As Canada's financial landscape continues to evolve, the conversations around real-time data access, consumer consent, and enhanced verification are more critical than ever. Perfect timing to explore how these changes will transform lending. Want to meet up? Send us a message and we'll get you booked in to chat with Estelle about navigating the open banking landscape. #Inverite #OpenBankingExpoCanada #OpenBanking #Fintech #LendingInnovation #CreditDecisioning #IDV #RealTimeData #FraudPrevention #CanadianFintech #DataAccess #ConsumerConsent #Toronto

Nothing beats connecting face-to-face! Day 2 at #InovatecSummit2025 in beautiful Mont-Tremblant delivered incredible conversations about the future of auto lending. From fraud prevention strategies to optimizing the consumer-dealer experience — the insights are flowing as fast as the coffee ☕ Estelle L'Heureux, CFA is here through Friday. If you're at the summit and want to discuss how real-time data can transform your credit decisions, drop us a message! #Networking #InovatecSummit2025 #AutoFinance #Inverite #MontTremblant #LendingInnovation Inovatec Systems

Only 1 day to go until Inovatec Summit 2025 kicks off at Fairmont Tremblant! 🎉 Our CFO Estelle L'Heureux, CFA will be there, joining leaders across the lending and fintech space to explore what’s next for auto finance and credit innovation. We’re excited to be part of the conversation — and proud to be one of the sponsors for this year’s event! If you're attending and curious how Inverite supports real-time credit decisioning with alternative data and instant identity verification, send us a message to book a time with Estelle during the event. #InovatecSummit2025 #AutoFinance #Inverite #LendingInnovation #Fintech #IDV #AltData #FraudPrevention #CanadianLending #CreditRisk #Inovatec #FairmontTremblant #Networking

That’s a wrap on an incredible day at the CLA Finance Summit in Toronto! After a full day of conversations around lending, fintech, fraud prevention, and innovation, we capped it off with a happy hour alongside our friends at Cove and Facephi. Thanks to everyone who stopped by — whether it was at the summit or for a drink after. Always great to connect with the people driving Canadian finance forward. #CLAFinanceSummit #Inverite #Fintech #AltData #Networking #LendingInnovation #Facephi #Cove #TorontoEvents #FraudPrevention #IDV #CanadianLending Hamza Abbas Adyan Tanver Rakesh Raghupathi

Hamza Abbas is on-site at the CLA Finance Summit in Toronto today! He’s connecting with leaders in lending and fintech to talk about how Inverite is helping streamline credit decisioning with real-time identity verification and alternative data. If you’re attending and want to learn more about how we support smarter, faster lending decisions — come say hi or send him a message to meet up with Hamza today! #Inverite #CLAFinanceSummit #Fintech #AltData #IDV #IBV #LendingInnovation #FraudPrevention #CanadianLending #CreditRisk #RealTimeData