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Inverite and Mortgage Automator Join Forces to Provide AML Solutions to the Mortgage Industry

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Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) has announced a strategic partnership with Mortgage Automator, integrating Inverite's Instant Bank Verification and Risk/Confidence Scoring solution into Mortgage Automator's platform. This collaboration aims to enhance the mortgage application and approval process for brokers across Canada.

The partnership will provide Mortgage Automator's network of private lenders and Mortgage Investment Corporations (MICs) with advanced tools for faster and more accurate borrower data verification. Mortgage Automator has funded over $30B in mortgages with more than 400 private lenders using their Loan Origination and Management Software platform.

This integration is expected to revolutionize the financial services industry by combining Inverite's real-time data analytics with Mortgage Automator's comprehensive platform, delivering powerful solutions that enhance operational efficiency and decision-making for mortgage lenders and MICs.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) ha annunciato una partnership strategica con Mortgage Automator, integrando la soluzione di Verifica Bancaria Istantanea e di Valutazione del Rischio/Confidenza di Inverite nella piattaforma di Mortgage Automator. Questa collaborazione mira a migliorare il processo di richiesta e approvazione dei mutui per i broker in tutto il Canada.

La partnership fornirà alla rete di finanziatori privati e alle Corporazioni di Investimento Immobiliare (MIC) di Mortgage Automator strumenti avanzati per una verifica più rapida e precisa dei dati dei mutuatari. Mortgage Automator ha finanziato oltre 30 miliardi di dollari in mutui con più di 400 finanziatori privati utilizzando la loro piattaforma di Origination e Gestione dei Mutui.

Questa integrazione dovrebbe rivoluzionare l'industria dei servizi finanziari combinando l'analisi dei dati in tempo reale di Inverite con la piattaforma completa di Mortgage Automator, offrendo soluzioni potenti che migliorano l'efficienza operativa e il processo decisionale per i finanziatori di mutui e le MIC.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) ha anunciado una asociación estratégica con Mortgage Automator, integrando la solución de Verificación Bancaria Instantánea y Evaluación de Riesgo/Confianza de Inverite en la plataforma de Mortgage Automator. Esta colaboración tiene como objetivo mejorar el proceso de solicitud y aprobación de hipotecas para los corredores en todo Canadá.

La asociación proporcionará a la red de prestamistas privados y a las Corporaciones de Inversión Hipotecaria (MIC) de Mortgage Automator herramientas avanzadas para una verificación de datos de prestatarios más rápida y precisa. Mortgage Automator ha financiado más de 30 mil millones de dólares en hipotecas con más de 400 prestamistas privados utilizando su plataforma de Originación y Gestión de Préstamos.

Se espera que esta integración revolucione la industria de servicios financieros al combinar el análisis de datos en tiempo real de Inverite con la plataforma integral de Mortgage Automator, ofreciendo soluciones poderosas que mejoran la eficiencia operativa y la toma de decisiones para los prestamistas de hipotecas y las MIC.

인버라이트 인사이트 주식회사 (CSE: INVR) (OTC Pink: INVRF)가 모기지 오토메이터와의 전략적 파트너십을 발표하며, 인버라이트의 즉각적인 은행 확인 및 위험/신뢰 점수 솔루션을 모기지 오토메이터 플랫폼에 통합합니다. 이 협업의 목표는 캐나다 전역의 브로커를 위한 모기지 신청 및 승인 프로세스를 개선하는 것입니다.

이 파트너십은 모기지 오토메이터의 사설 대출자 및 모기지 투자 기업(MIC) 네트워크에 더 빠르고 정확한 차용자 데이터 확인을 위한 고급 도구를 제공합니다. 모기지 오토메이터는 그들의 대출 서비스 및 관리 소프트웨어 플랫폼을 통해 400개 이상의 사설 대출자를 사용하여 300억 달러 이상의 모기지를 제공했습니다.

이 통합은 인버라이트의 실시간 데이터 분석과 모기지 오토메이터의 포괄적인 플랫폼을 결합하여 금융 서비스 산업에 혁신을 가져올 것으로 예상되며, 모기지 대출자 및 MIC에 대한 운영 효율성과 의사 결정을 향상시키는 강력한 솔루션을 제공합니다.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) a annoncé un partenariat stratégique avec Mortgage Automator, intégrant la solution de Vérification Bancaire Instantanée et d'Évaluation des Risques/Confiance d'Inverite dans la plateforme de Mortgage Automator. Cette collaboration vise à améliorer le processus de demande et d'approbation de prêts hypothécaires pour les courtiers à travers le Canada.

Le partenariat fournira au réseau de prêteurs privés et aux Sociétés d'Investissement Immobilier (MIC) de Mortgage Automator des outils avancés pour une vérification des données emprunteur plus rapide et précise. Mortgage Automator a financé plus de 30 milliards de dollars en prêts hypothécaires avec plus de 400 prêteurs privés en utilisant leur plateforme de Gestion et dOrigination de Prêts.

Cette intégration devrait révolutionner l'industrie des services financiers en combinant l'analyse de données en temps réel d'Inverite avec la plateforme complète de Mortgage Automator, offrant des solutions puissantes qui améliorent l'efficacité opérationnelle et la prise de décision pour les prêteurs hypothécaires et les MIC.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) hat eine strategische Partnerschaft mit Mortgage Automator angekündigt, bei der Inverites sofortige Bankverifizierung und Risikobewertungs-Lösung in die Plattform von Mortgage Automator integriert wird. Diese Zusammenarbeit zielt darauf ab, den Hypothekenantrags- und Genehmigungsprozess für Broker in ganz Kanada zu verbessern.

Die Partnerschaft wird dem Netzwerk von privaten Kreditgebern und Hypothekenanlagegesellschaften (MICs) von Mortgage Automator fortschrittliche Tools für eine schnellere und genauere Verifizierung von Darlehensnehmerdaten bieten. Mortgage Automator hat über 30 Milliarden Dollar an Hypotheken mit mehr als 400 privaten Kreditgebern über ihre Plattform für Kreditvergaben und -verwaltung finanziert.

Diese Integration wird voraussichtlich die Finanzdienstleistungsbranche revolutionieren, indem sie Inverites Echtzeitanalyse mit der umfassenden Plattform von Mortgage Automator kombiniert und leistungsstarke Lösungen bereitstellt, die die operationale Effizienz und Entscheidungsfindung für Hypothekendarlehensgeber und MICs verbessern.

Positive
  • Strategic partnership with Mortgage Automator to enhance mortgage application and approval process
  • Integration of Inverite's Instant Bank Verification and Risk/Confidence Scoring solution into Mortgage Automator's platform
  • Access to Mortgage Automator's network of over 400 private lenders who have funded in excess of $30B in mortgages
  • Potential for increased operational efficiency and improved decision-making for mortgage lenders and MICs
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2024) - 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 excited to announce its strategic partnership with Mortgage Automator, award-winning, end-to-end loan origination, servicing, and fund management platform for private lenders. This collaboration will integrate Inverite's innovative Instant Bank Verification and Risk/Confidence Scoring solution into Mortgage Automator's platform, significantly enhancing the mortgage application and approval process for brokers across Canada.

Through this partnership, Mortgage Automator's platform will now provide its growing network of private lenders and Mortgage Investment Corporations (MICs) with advanced tools for faster and more accurate borrower data verification. Inverite's cutting-edge scoring solution will enhance risk assessment capabilities, setting a new benchmark for accuracy and efficiency in mortgage processing. To date Mortgage Automator has funded in excess of $30B in mortgages with over 400 private lenders using their Loan Origination and Management Software ("LOS/LMS") platform.

"We are thrilled to collaborate with Mortgage Automator to bring our state-of-the-art technology to their platform," said Estelle L'Heureux, CFO of Inverite. "This integration represents a key milestone in our mission to revolutionize the financial services industry. By combining our real-time data analytics with Mortgage Automator's comprehensive platform, we're delivering powerful solutions that enhance operational efficiency and decision-making for mortgage lenders and MICs."

Joseph Fooks, Founding Partner, Chief Strategy Officer of Mortgage Automator, added: "Integrating Inverite's AI-powered tools into our platform aligns with our mission to deliver connected, streamlined, secure, and fully compliant lending experiences. This partnership is another step towards ensuring our lenders have the most advanced technology at their fingertips, transforming how they verify and assess borrower risk with great precision."

This partnership marks an exciting development for both companies and promises to deliver transformative benefits to mortgage lenders throughout Canada

About Mortgage Automator

Mortgage Automator is a modern SaaS platform and ecosystem that serves the full private and asset-based lending value chain. Built by industry veterans, its advanced end-to-end offering including origination, servicing, fund/MIC management, and reporting helps private lenders and MICs grow faster and more efficiently. Mortgage Automator manages daily workflow for customers and provides them access to an unparalleled 360-degree private lending community. The company has achieved the industry's top accolades for product innovation and customer service including Innovator of the Year by The Mortgage Awards of Excellence and Industry Service Provider of The Year by The Canadian Mortgage Awards.

For further information about Mortgage Automator, please visit: mortgageautomator.com

About Inverite Insights Inc.

Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 20 billion financial data points from more than five 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

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/224485

FAQ

What is the purpose of Inverite's partnership with Mortgage Automator?

The partnership aims to integrate Inverite's Instant Bank Verification and Risk/Confidence Scoring solution into Mortgage Automator's platform, enhancing the mortgage application and approval process for brokers across Canada.

How much in mortgages has Mortgage Automator funded to date?

Mortgage Automator has funded in excess of $30 billion in mortgages to date.

What benefits will this partnership bring to Mortgage Automator's clients?

The partnership will provide Mortgage Automator's network of private lenders and MICs with advanced tools for faster and more accurate borrower data verification, enhancing risk assessment capabilities and improving operational efficiency.

What is Inverite's stock symbol on the OTC Pink market?

Inverite's stock symbol on the OTC Pink market is INVRF.

INVERITE INSIGHTS INC

OTC:INVRF

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