AI-Powered Risk Scoring Transforming Non-Prime Lending - Case Study Results, Inverite's Proprietary AI Technology Platform Confirms Reduction in Defaults, Increasing Approvals, Accelerating Funding
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) (OTC: INVRF) ha pubblicato i risultati dello studio di caso che dimostrano il successo della sua piattaforma di scoring del rischio basata su AI nel lending non-prime. Lo studio, condotto con uno dei più grandi prestatori alternativi del Canada, ha mostrato significativi miglioramenti nei parametri di prestito:
I risultati chiave includono una riduzione del 44% nei default sui prestiti, un aumento del 29% nelle domande di prestito annuali, un aumento del 18% nelle approvazioni di prestito e un tasso di adozione da parte dei consumatori del 92%. Lo studio si basa su 180.000 domande annuali e 30 milioni di dollari in origini annuali.
Le soluzioni Risk Score e Bank Verify, basate su un cash flow guidato dall’AI, hanno migliorato l'accuratezza e ridotto l'immissione manuale nei processi di prestito. Questa innovazione arriva mentre il Canada introduce regolamenti finanziari diretti ai consumatori e riduce i tassi d'interesse massimi consentiti al 35% APR per i prestatori ai consumatori.
Inverite Insights Inc. (CSE: INVR) (OTC: INVRF) ha publicado los resultados del estudio de caso que demuestran el éxito de su plataforma de puntuación de riesgos impulsada por IA en el lending no-prime. El estudio, realizado con uno de los mayores prestamistas alternativos de Canadá, mostró mejoras significativas en las métricas de préstamos:
Los resultados clave incluyen una reducción del 44% en los incumplimientos de préstamos, un aumento del 29% en las solicitudes de préstamos anuales, un aumento del 18% en las aprobaciones de préstamos y un tasa de adopción del consumidor del 92%. El estudio se basó en 180.000 solicitudes anuales y 30 millones de dólares en originaciones anuales.
Las soluciones Risk Score y Bank Verify, impulsadas por un flujo de efectivo basado en IA, han mejorado la precisión y reducido la entrada manual en el procesamiento de préstamos. Esta innovación llega mientras Canadá introduce regulaciones financieras dirigidas al consumidor y reduce los tipos de interés máximos permitidos al 35% APR para prestamistas a consumidores.
Inverite Insights Inc. (CSE: INVR) (OTC: INVRF)는 비정규 대출에서 AI 기반 위험 점수 플랫폼의 성공을 입증하는 사례 연구 결과를 발표했습니다. 이 연구는 캐나다의 가장 큰 대안 대출 기관 중 하나와 함께 진행되었으며 대출 지표에서 상당한 개선을 보여주었습니다:
주요 결과에는 대출 디폴트 44% 감소, 연간 대출 신청 건수 29% 증가, 대출 승인 18% 증가, 소비자 채택률 92%가 포함됩니다. 이 연구는 연간 180,000건의 신청과 3천만 달러의 연간 원금을 기반으로 했습니다.
회사의 AI 기반 현금 흐름 기반 위험 점수 및 은행 확인 솔루션은 정확성을 개선하고 대출 처리에서 수작업 입력을 줄였습니다. 이 혁신은 캐나다가 소비자 지향 금융 규정을 도입하고 소비자 대출자에 대한 최대 허용 이자율을 연 35%로 줄이는 가운데 등장했습니다.
Inverite Insights Inc. (CSE: INVR) (OTC: INVRF) a publié les résultats d'une étude de cas démontrant le succès de sa plateforme de scoring des risques alimentée par l'IA dans le prêt non-prime. L'étude, réalisée avec l'un des plus grands prêteurs alternatifs du Canada, a montré des améliorations significatives dans les indicateurs de prêt :
Les résultats clés incluent une réduction de 44 % des défauts de paiement, une augmentation de 29 % des demandes de prêt annuelles, une augmentation de 18 % des approbations de prêt et un taux d'adoption par les consommateurs de 92 %. L'étude a été réalisée sur la base de 180 000 demandes annuelles et de 30 millions de dollars d'origines annuelles.
Les solutions de score de risque et de vérification bancaire basées sur l'IA ont amélioré l'exactitude et réduit l'entrée manuelle dans le traitement des prêts. Cette innovation survient alors que le Canada introduit des réglementations financières orientées vers le consommateur et réduit les taux d'intérêt maximums autorisés à 35 % APR pour les prêteurs aux consommateurs.
Inverite Insights Inc. (CSE: INVR) (OTC: INVRF) hat die Ergebnisse einer Fallstudie veröffentlicht, die den Erfolg ihrer KI-gesteuerten Risikobewertungsplattform im Nicht-Prima-Darlehen demonstriert. Die Studie, die in Zusammenarbeit mit einem der größten alternativen Kreditgeber Kanadas durchgeführt wurde, zeigte signifikante Verbesserungen bei den Kreditkennzahlen:
Zu den wichtigsten Ergebnissen gehören eine Reduzierung der Darlehensausfälle um 44%, ein anstieg der jährlichen Darlehensanfragen um 29%, ein anstieg der Darlehensgenehmigungen um 18% und eine Verbraucherakzeptanzquote von 92%. Die Studie basierte auf 180.000 jährlichen Anträgen und 30 Millionen Dollar an jährlichen Umsatz.
Die KI-gesteuerten Lösungen für Cashflow-basierte Risikobewertung und Bankenverifizierung haben die Genauigkeit verbessert und den manuellen Input bei der Kreditvergabe reduziert. Diese Innovation kommt, während Kanada verbraucherorientierte Finanzregulierungen einführt und die maximal zulässigen Zinssätze auf 35% APR für Verbraucherkreditgeber senkt.
- 44% reduction in loan defaults demonstrates significant risk management improvement
- 29% increase in annual loan applications shows strong market adoption
- 18% increase in loan approvals indicates enhanced lending efficiency
- 92% consumer adoption rate confirms strong product-market fit
- Platform handles significant volume (180,000 annual applications, $30M originations)
- None.
Case Study Highlights
44% Reduction in Loan Defaults; AI-powered risk assessment significantly improved loan performance29% Increase in Annual Loan Applications18% Increase in Loan Approvals92% Consumer Adoption - Seamless user experience drove high engagement.
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) ("Inverite" or the "Company"), is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers is please to release its case study findings with one of Canada's largest non-prime alternative lenders.
With the federal government's initiatives to introduce consumer-directed finance (Open Banking) regulations and the reduction of the maximum allowable interest rate to
Inverite's AI-driven cash flow-based Risk Score, combined with Bank Verify, powers its customers' automation processes - improving accuracy, reducing manual input, and enabling scalable growth with the confidence of the Company's robust risk controls. Inverite's case study with one of Canada's largest alternative non-prime lenders confirmed that its Platform provided positive results, as noted above, based on the following criteria:
- 180,000 annual applications;
$30 million in annual originations.
Karim Nanji, Inverite's CEO, states: "One of our top alternative lenders needed an automated risk-scoring solution to address their high defaults, along with inefficient and outdated manual lending processes. They partnered with Inverite and implemented our proprietary AI-enabled Risk Score, which utilizes bank transaction data and cash flow layered with loan performance data, resulting in improved accuracy while increasing loan throughput."
Karim Nanji added, "Inverite's deep expertise in the Canadian lending market, coupled with its platform's accuracy in credit decision-making and its scalable infrastructure, supported the positive case study results without compromising speed or customer satisfaction."
For further information about this Inverite case study, please visit: https://inveriteinsights.com/case-study/.
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 nine billion financial data points from more than four and one-half million and a half 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, please visit: inverite.com.
ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.
Forward-Looking Statements: This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239859
FAQ
What are the key performance metrics from Inverite's (INVRF) latest case study?
How many annual applications does Inverite's (INVRF) platform process in the case study?
How does Inverite's (INVRF) AI platform improve lending operations?
What regulatory changes is Inverite (INVRF) helping lenders adapt to in Canada?
