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Inverite Enhances Microcheck Platform for Greater Lender Flexibility

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Inverite Enhances Microcheck Platform for Greater Lender Flexibility

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An announcement from Inverite Insights ( (TSE:INVR) ) is now available.

Inverite Insights Inc. has announced a significant update to its Microcheck platform, a unique Canadian alternative database that consolidates non-registered loan information. This update allows Microcheck to operate independently from Instant Bank Verification, providing lenders with enhanced flexibility and cost efficiency. By enabling Microcheck as a standalone API product, Inverite strengthens its position as a leading provider of risk and verification solutions for Canadian alternative lenders. The update allows lenders to initiate Microcheck transactions at any point in their adjudication process, improving decision-making and operational efficiency, and enabling them to handle high volumes of applicants with accuracy and speed.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data. The company empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance. Inverite has a vast database of over 25 billion financial data points from more than six million unique Canadian consumer transactions.

Average Trading Volume: 54,341

Technical Sentiment Signal: Sell

Current Market Cap: C$8.75M

See more data about INVR stock on TipRanks’ Stock Analysis page.

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