Welcome to our dedicated page for Inverite Insights news (Ticker: INVRD), a resource for investors and traders seeking the latest updates and insights on Inverite Insights stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Inverite Insights's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Inverite Insights's position in the market.
Inverite Insights Inc. (CSE: INVR) has announced a strategic partnership with Usolve Financial, an Ontario-based alternative lender. Usolve will implement Inverite's proprietary Bank Verification product and Data Enrichment feature to enhance its loan adjudication process.
Usolve, which operates 11 brick-and-mortar locations offering payday, personal, and auto equity loans, will leverage Inverite's AI-based Open Banking Ready Platform to improve risk assessment capabilities and customer experience. The platform provides real-time financial data analysis for more informed lending decisions.
Additionally, the company disclosed that an insider has participated in a private placement, subscribing for $30,000 in Convertible Debentures at a conversion price of $0.32/unit in the first year, potentially representing 0.45% of common shares if fully converted and warrants exercised.
[ "Partnership with Usolve Financial expands Inverite's market presence in Ontario", "Integration of AI-based technology enhances risk assessment capabilities", "Insider participation in convertible debenture placement shows management confidence" ]Inverite Insights Inc. (CSE: INVR) has released its audited financial results for the year ended March 31, 2025. The company reported significant improvements in key metrics, with verification fee revenue growing 23% on a comparable 12-month basis, reaching $1.2M. Operating expenses decreased by 25% to $3.8M, demonstrating improved operational efficiency.
Notable achievements include substantial reductions across various expense categories, including a 98% decrease in bad debts, 29% reduction in consulting fees, and 58% decrease in marketing expenses. The company has successfully streamlined operations by discontinuing non-core initiatives and focusing on its AI-driven platform development.
Inverite Insights (CSE: INVR) has announced two major enhancements to its verification platform: an advanced liveness check feature and improved bank verification notifications. The upgraded ID Verify solution now includes sophisticated capabilities to detect spoofing attacks and photo-based fraud while ensuring real human presence during verification.
The company has also introduced new bank verification lifecycle event notifications, providing real-time insights into verification attempts. The system now returns specific fraud check statuses and liveness confidence scores, allowing clients to set custom risk thresholds. These improvements aim to strengthen fraud defense while maintaining privacy and security standards.
FAQ
What is the current stock price of Inverite Insights (INVRD)?
What is the market cap of Inverite Insights (INVRD)?
