Inverite Applauds Canada's Renewed Push Towards Open Banking Framework
Inverite (OTC: INVRD) welcomed the Canadian federal government's renewed momentum on a national Consumer-Directed Finance (Open Banking) framework in a Nov 6, 2025 announcement. The government appointed Abraham Tachjian as Open Banking Lead, which FDATA North America said ends years of policy delay and establishes governance, accreditation, and technical standards. Inverite said its AI-powered financial data platform is aligned with these consumer-driven standards and that the company actively participates in FDATA North America policy and technical discussions.
Inverite (OTC: INVRD) ha accolto la rinnovata spinta del governo federale canadese su un quadro nazionale di Finanza guidata dal consumatore (Open Banking) in un annuncio del 6 novembre 2025. Il governo ha nominato Abraham Tachjian come responsabile dell'Open Banking, cosa che FDATA North America ha detto porre fine a anni di ritardi politici e stabilire governance, accreditamento e standard tecnici. Inverite ha dichiarato che la sua piattaforma di dati finanziari alimentata dall'IA è allineata con questi standard guidati dai consumatori e che l'azienda partecipa attivamente alle discussioni politiche e tecniche di FDATA North America.
Inverite (OTC: INVRD) dio la bienvenida al renovado impulso del gobierno federal canadiense hacia un marco nacional de Finanzas dirigidas por el consumidor (Open Banking) en un anuncio del 6 de noviembre de 2025. El gobierno designó a Abraham Tachjian como responsable de Open Banking, lo que FDATA North America dijo que pone fin a años de retrasos en las políticas y establece gobernanza, acreditación y normas técnicas. Inverite afirmó que su plataforma de datos financieros impulsada por IA está alineada con estos estándares impulsados por el consumidor y que la empresa participa activamente en las discusiones políticas y técnicas de FDATA North America.
Inverite (OTC: INVRD) 는 2025년 11월 6일 발표에서 캐나다 연방 정부의 전국적 소비자 주도형 금융(Open Banking) 프레임워크에 대한 새로운 모멘텀을 환영했다. 정부는 Abraham Tachjian을 Open Banking 책임자로 임명했고, FDATA North America는 이것이 수년 간의 정책 지연을 끝내고 거버넌스, 자격 인증 및 기술 표준을 확립한다고 말했다. Inverite은 인공지능(AI) 기반의 금융 데이터 플랫폼이 이러한 소비자 주도 표준에 부합하며 회사가 FDATA North America의 정책 및 기술 논의에 적극적으로 참여하고 있다고 밝혔다.
Inverite (OTC: INVRD) s'est réjouie du nouvel élan donné par le gouvernement fédéral canadien en faveur d'un cadre national de Finance dirigée par le consommateur (Open Banking) annoncé le 6 novembre 2025. Le gouvernement a nommé Abraham Tachjian comme responsable de l'Open Banking, ce que FDATA North America a déclaré mettre fin à des années de retard politique et établir une gouvernance, une accréditation et des normes techniques. Inverite a indiqué que sa plateforme de données financières alimentée par l'IA est alignée sur ces normes axées sur le consommateur et que l'entreprise participe activement aux discussions politiques et techniques de FDATA North America.
Inverite (OTC: INVRD) begrüßte die erneute Dynamik der kanadischen Bundesregierung bei einem nationalen Konsumentenorientierten Finanzrahmen (Open Banking) in einer Ankündigung vom 6. November 2025. Die Regierung ernannte Abraham Tachjian zum Open-Banking-Leiter, was FDATA North America zufolge jahrelange politische Verzögerungen beende und Governance, Akkreditierung und technische Standards festlege. Inverite sagte, dass seine KI-gestützte Finanzdatenplattform mit diesen verbraucherorientierten Standards übereinstimmt und dass das Unternehmen aktiv an Policy- und technischen Diskussionen von FDATA North America teilnehme.
Inverite (OTC: INVRD) ترحب بالزخم المتجدد للحكومة الفيدرالية الكندية نحو إطار مالي وطني يوجهه المستهلك (Open Banking) في إعلان بتاريخ 6 نوفمبر 2025. قامت الحكومة بتعيين Abraham Tachjian كقائد Open Banking، وهو ما قالت FDATA North America إنه يضع نهاية لسنوات من تأخير السياسات ويؤسس الحوكمة والاعتماد والمعايير الفنية. قالت Inverite إن منصتها للبيانات المالية المدعومة بالذكاء الاصطناعي متوافقة مع هذه المعايير الموجهة للمستهلك وأن الشركة تشارك بنشاط في مناقشات السياسات والتقنية لـ FDATA North America.
- Leadership appointment of Abraham Tachjian ends years of policy delay
- Alignment of Inverite AI platform with emerging national open banking standards
- Active role in FDATA North America policy and technical discussions
- Implementation incomplete: write access is described as the next phase
- Prior delays indicate a history of multi‑year policy uncertainty
This marks a pivotal milestone for Inverite and Canada’s fintech ecosystem — signaling real momentum toward a regulated, consumer-driven financial data environment.
As one of the few Canadian firms already delivering AI-powered, open-banking-ready data intelligence, Inverite stands to benefit directly as national standards take shape.
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite"), a Canadian leader in AI-powered financial data intelligence, welcomes the Government of Canada's continued progress toward establishing a national Consumer-Directed Finance (Open Banking) framework, as noted in a recent update from FDATA North America.
The Financial Data and Technology Association (FDATA) North America, representing major fintechs, financial institutions, and data platforms, recently commended the federal government's appointment of Abraham Tachjian as Canada's Open Banking Lead. This step marks renewed federal momentum toward a regulated, consumer-driven data-sharing system designed to enhance competition, innovation, and transparency across the financial services industry.
FDATA highlighted several key advances:
- The appointment ends years of policy delay and provides clear leadership for open banking policy and implementation.
- It establishes a foundation for governance, accreditation, and technical standards supporting consumer-controlled data sharing.
- It positions open banking as vital financial infrastructure that promotes efficiency and improves outcomes for both consumers and businesses.
"Inverite supports this important step forward in Canada's open banking journey," said Karim Nanji, CEO of Inverite Insights Inc. and Director of FDATA North America. "A structured, consumer-driven data framework is essential for building a modern financial system where innovation and fairness go hand in hand. Inverite's mission and technology are fully aligned with those goals."
As an active member of FDATA North America, Inverite continues to engage in policy and technical discussions that shape Canada's data access standards. Through its proprietary risk intelligence platform, Inverite delivers real-time, AI-based affordability, behavioral, and identity insights that support responsible decision-making and align with the principles of consumer-directed finance.
"This announcement represents real momentum for consumer-driven banking in Canada," said Steve Boms, Executive Director of FDATA. "By streamlining oversight of the fintech ecosystem under the Bank of Canada and committing to write access as the next phase of implementation, the government is moving closer to ensuring Canadians and small businesses have secure, reliable, and affordable ways to access and share their financial data-helping drive innovation and inclusion across the financial sector."
For further insight on FDATA on their initiatives towards Open Banking, click on the following link: Alert: Momentum Builds for Fee-Free Data Access- Diverse Stakeholders Unite Against Bank Data Acces…
About FDATA North America
FDATA North America is a trade association representing more than 30 technology firms and data platforms dedicated to advancing open finance. The organization works with regulators, policymakers, and industry participants to ensure Canada's open banking framework promotes secure data sharing, consumer choice, and innovation.
Learn more at: https://fdata.global/
About Inverite Insights Inc.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) is a Vancouver-based AI software company delivering real-time financial data intelligence. With over 30 billion financial data points collected from more than seven million Canadian consumers, Inverite provides lenders and businesses with data-driven insights to improve risk modeling, identity verification, and compliance.
Visit www.inveriteinsights.com for more information.
ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
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FAQ
What did Inverite announce on Nov 6, 2025 regarding open banking and INVRD?
Who was appointed Canada’s Open Banking Lead and when was it announced?
How does Canada’s open banking progress affect Inverite (INVRD)?
What immediate policy steps did FDATA North America note in the Nov 6, 2025 update?
Will write access for consumer-directed finance be implemented now?
Where does Inverite participate in open banking policy discussions?
