Inverite Driving New Revenue Streams and Enhanced Flexibility for Lenders with Microcheck
Inverite Insights Inc. (INVRF) has announced a significant update to its Microcheck platform, a specialized database that consolidates non-registered loan information in Canada. The key enhancement decouples Microcheck from Instant Bank Verification (IBV), allowing it to operate as a standalone API product. This update enables lenders to access borrower creditworthiness data without requiring prior bank verification.
The improved platform offers lenders greater flexibility to initiate Microcheck transactions at any point in their adjudication process, supports automated batch-processing capabilities, and streamlines decision-making workflows. This enhancement particularly benefits situations where traditional credit bureau data is insufficient or unavailable, strengthening Inverite's position in providing end-to-end risk and verification solutions for Canadian alternative lenders.
Inverite Insights Inc. (INVRF) ha annunciato un importante aggiornamento della sua piattaforma Microcheck, un database specializzato che raccoglie informazioni sui prestiti non registrati in Canada. La principale novità consiste nel distaccare Microcheck da Instant Bank Verification (IBV), permettendo così alla piattaforma di funzionare come un prodotto API indipendente. Questo aggiornamento consente ai finanziatori di accedere ai dati sulla solvibilità dei mutuatari senza necessità di una verifica bancaria preliminare.
La piattaforma migliorata offre ai finanziatori una maggiore flessibilità per avviare le transazioni Microcheck in qualsiasi fase del processo di valutazione, supporta capacità di elaborazione batch automatizzata e semplifica i flussi decisionali. Questo miglioramento è particolarmente utile nei casi in cui i dati tradizionali delle agenzie di credito risultano insufficienti o non disponibili, rafforzando la posizione di Inverite nell'offrire soluzioni integrate di gestione del rischio e verifica per i finanziatori alternativi canadesi.
Inverite Insights Inc. (INVRF) ha anunciado una actualización significativa de su plataforma Microcheck, una base de datos especializada que consolida información sobre préstamos no registrados en Canadá. La mejora principal desvincula Microcheck de Instant Bank Verification (IBV), permitiendo que funcione como un producto API independiente. Esta actualización permite a los prestamistas acceder a datos sobre la solvencia de los prestatarios sin necesidad de una verificación bancaria previa.
La plataforma mejorada ofrece a los prestamistas mayor flexibilidad para iniciar transacciones Microcheck en cualquier etapa de su proceso de evaluación, soporta capacidades de procesamiento por lotes automatizado y agiliza los flujos de trabajo para la toma de decisiones. Esta mejora beneficia especialmente en situaciones donde los datos tradicionales de las agencias de crédito son insuficientes o no están disponibles, fortaleciendo la posición de Inverite en la provisión de soluciones integrales de riesgo y verificación para prestamistas alternativos en Canadá.
Inverite Insights Inc. (INVRF)는 캐나다의 비등록 대출 정보를 통합하는 전문 데이터베이스인 Microcheck 플랫폼의 중요한 업데이트를 발표했습니다. 주요 개선 사항은 Microcheck를 Instant Bank Verification(IBV)에서 분리하여 독립적인 API 제품으로 운영할 수 있게 한 것입니다. 이 업데이트를 통해 대출 기관은 사전 은행 확인 없이도 차용자의 신용 정보를 확인할 수 있습니다.
개선된 플랫폼은 대출 기관이 심사 과정의 어느 단계에서든 Microcheck 거래를 시작할 수 있는 유연성을 제공하며, 자동화된 배치 처리 기능을 지원하고 의사 결정 워크플로우를 간소화합니다. 이 개선은 전통적인 신용 조회 데이터가 부족하거나 이용할 수 없는 상황에서 특히 유용하며, 캐나다 대체 대출 기관을 위한 종합 리스크 및 검증 솔루션 제공자로서 Inverite의 입지를 강화합니다.
Inverite Insights Inc. (INVRF) a annoncé une mise à jour majeure de sa plateforme Microcheck, une base de données spécialisée qui centralise les informations sur les prêts non enregistrés au Canada. L'amélioration clé consiste à dissocier Microcheck d'Instant Bank Verification (IBV), lui permettant de fonctionner comme un produit API autonome. Cette mise à jour permet aux prêteurs d'accéder aux données de solvabilité des emprunteurs sans nécessiter une vérification bancaire préalable.
La plateforme améliorée offre aux prêteurs une plus grande flexibilité pour initier des transactions Microcheck à n'importe quelle étape de leur processus d'évaluation, prend en charge les capacités de traitement par lots automatisé et simplifie les flux de décision. Cette amélioration est particulièrement bénéfique dans les cas où les données traditionnelles des bureaux de crédit sont insuffisantes ou indisponibles, renforçant la position d'Inverite en tant que fournisseur de solutions complètes de gestion des risques et de vérification pour les prêteurs alternatifs canadiens.
Inverite Insights Inc. (INVRF) hat ein bedeutendes Update seiner Microcheck-Plattform angekündigt, einer spezialisierten Datenbank, die Informationen zu nicht registrierten Krediten in Kanada konsolidiert. Die wichtigste Verbesserung besteht darin, Microcheck von Instant Bank Verification (IBV) zu entkoppeln, sodass es als eigenständiges API-Produkt fungieren kann. Dieses Update ermöglicht es Kreditgebern, auf Daten zur Kreditwürdigkeit von Kreditnehmern zuzugreifen, ohne eine vorherige Bankverifizierung zu benötigen.
Die verbesserte Plattform bietet Kreditgebern mehr Flexibilität, Microcheck-Transaktionen zu jedem Zeitpunkt ihres Prüfungsprozesses zu starten, unterstützt automatisierte Batch-Verarbeitungsfunktionen und vereinfacht Entscheidungsabläufe. Diese Verbesserung ist besonders vorteilhaft in Situationen, in denen traditionelle Kreditauskunfteien-Daten unzureichend oder nicht verfügbar sind, und stärkt Inverites Position bei der Bereitstellung von umfassenden Risiko- und Verifizierungslösungen für kanadische alternative Kreditgeber.
- Decoupling Microcheck from IBV creates new revenue opportunities
- Enhanced flexibility allows lenders to access data at any point in the adjudication process
- Automation and batch-processing capabilities improve operational efficiency
- Platform enhancement strengthens Inverite's market position in risk and verification solutions
- None.
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) ("Inverite" or the "Company"), a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, is pleased to announce a significant update to one of its platform products, Microcheck offering key benefits that will enhance value to both the Inverite and its lender partners.
Microcheck is Inverite's advanced alternative database that consolidates non-registered loan information from individuals into a centralized, shared database. This unique Canadian offering enables lenders to access and share insights into borrowers' creditworthiness, when traditional credit bureau data is void or insufficient as most if not all alternative lenders report to the Canadian credit bureaus.
This significant update decouples Microcheck from Instant Bank Verification (IBV), meaning that Microcheck now operates independently, without requiring a successful bank verification with the consumer beforehand. This update creates new revenue opportunities, increases transaction volumes, while providing lenders with improved flexibility, cost efficiency, and streamlined decision-making.
Furthermore, by enabling Microcheck as a standalone API product, Inverite strengthens its product offering and enhances its position as a leading provider of end-to-end risk and verification solutions tailored for Canadian alternative lenders. It also solidifies Inverite's commitment to providing flexible, modular solutions that can easily integrate into the existing tech stacks of its financial services clients, reinforcing long-term partnerships.
For lenders, the update to Microcheck offers greater control and flexibility since lenders are no longer dependent on the completion of their consumer's IBV to gain valuable insights. Lenders can now initiate Microcheck transactions at any point in their adjudication process. This enhanced flexibility allows lenders to use Microcheck to assess risk before, during, or after the bank verification process, enabling them to make more informed and quicker decisions regardless of IBV success.
In addition, the ability to automate and batch-process Microcheck transactions provides Lenders with further efficiency, by scaling their operations by automatically running Microcheck checks across entire cohorts of applicants, streamlining workflows, reducing manual effort, resulting in cost savings. This automation makes it easier for lenders to handle high volumes of applicants while maintaining accuracy and speed in their decision-making.
"This update is a major milestone for both Inverite and our lender partners," said Karim Nanji, CEO of Inverite. "By offering new revenue streams, increasing flexibility, and improving decision-making efficiency, we're not just enhancing our platform-we're empowering lenders to make smarter, more cost-effective decisions."
About Inverite Insights Inc.
Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V0) is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 25 billion financial data points from more than six million unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.
For further information about Inverite Insights, please visit: inverite.com
ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com
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Forward-Looking Statements
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FAQ
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