Inverite Insights discloses recurring public-company developments centered on material agreements, capital-structure items, governance matters, shareholder votes, security structure, regulatory disclosures, and operating and financial results. INVRF updates are primarily framed around corporate actions, financing and security terms, governance decisions, and periodic business-performance information.
Inverite (OTC: INVRF) announced an agreement with Ownly on February 24, 2026 to integrate Inverite's Instant Bank Verification (IBV) into Ownly's digital homebuying platform. The integration delivers real-time income verification, cash-flow analysis and affordability insights to streamline buyer qualification and reduce manual documentation.
The partnership aims to improve onboarding for builders and homebuyers while enhancing fraud prevention and operational efficiency.
Inverite (OTC: INVRF) will attend the Canadian Lenders Association's Automotive Finance Canada 2026 conference on February 10, 2026, in Toronto. The company will discuss real-time bank verification, AI-driven risk modeling, income analytics, and fraud-prevention amid industry pressure to speed approvals while strengthening controls.
Inverite plans to engage lenders, dealers, platforms, and policymakers on balancing faster, lower-friction approvals with stronger identity and financial verification early in the customer journey.
Inverite (OTC: INVRF) announced that Pay2Day renewed its agreement to make Inverite the primary bank verification provider, with the transition beginning in January and effective February 1, 2026. Pay2Day cited operational reliability, data consistency, and responsive support as reasons for returning to Inverite.
Inverite says it continues investing in bank verification, transaction categorization, risk intelligence, UX improvements, model retraining, and quality-assurance processes to support high-volume lending workflows.
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. (OTC: INVRF) reported financial results for the nine months ended December 31, 2024, showing significant growth and operational improvements. Verification fee revenue increased 30% to $919,379 compared to $707,304 in the same period of 2023.
The company achieved notable cost reductions, with operating expenses decreasing 4% to $2,779,844. Key expense changes include: consulting fees down 17% to $417,713, salaries and benefits reduced 9% to $937,924, and professional fees decreased 31% to $119,933. Administration costs increased 19% to $161,823 due to conference travel and IT services.
Inverite's financial database has now surpassed 25 billion data points from over six million Canadian consumer transactions, marking a significant milestone in the company's AI-driven open banking platform development.
Inverite Insights Inc. (CSE: INVR) (OTC: INVRF) has released case study results demonstrating the success of its AI-powered risk scoring platform in non-prime lending. The study, conducted with one of Canada's largest alternative lenders, showed significant improvements in lending metrics:
Key results include a 44% reduction in loan defaults, 29% increase in annual loan applications, 18% increase in loan approvals, and 92% consumer adoption rate. The study was based on 180,000 annual applications and $30 million in annual originations.
The company's AI-driven cash flow-based Risk Score and Bank Verify solutions have improved accuracy and reduced manual input in loan processing. This innovation comes as Canada introduces consumer-directed finance regulations and reduces maximum allowable interest rates to 35% APR for consumer lenders.
Inverite Insights Inc. (CSE: INVR) reported strong financial results for the six months ending September 30, 2024. Verification fee revenue increased 29% to $616,449, while operating expenses decreased 11% to $1,846,153 compared to the same period in 2023. The company achieved significant cost reductions across multiple areas: administration costs (-24%), consulting fees (-29%), salaries (-13%), and marketing expenses (-57%). Inverite's AI financial database has expanded to include 22 billion data points from over 5.5 million Canadian consumer transactions. The company continues to progress towards cashflow breakeven, focusing on operational efficiency and financial sustainability.
Inverite Insights reports rapid adoption of its Open Banking Platform through Mortgage Automator integration, with approximately 200 private lenders and Mortgage Investment Corporations (MICs) going live in just over one month. The integration includes Instant Bank Verification, Anti-Money Laundering, and Risk Scoring solutions. This represents about half of Mortgage Automator's client base, marking the fastest roll-out strategy using their 'one to many' approach. The platform utilizes real-time financial data and AI-powered risk scoring to transform the mortgage adjudication process for Canadian clients.