Welcome to our dedicated page for Inverite Insights news (Ticker: MRBLF), a resource for investors and traders seeking the latest updates and insights on Inverite Insights stock.
Inverite Insights Inc. (CSE: INVR) (OTC Pink: MRBLF) is a Vancouver-based AI-driven software provider that leverages real-time financial data to empower businesses in transacting effectively with consumers. With a vast database of over seven billion financial data points from more than four million unique Canadian consumer transactions, Inverite offers software-as-a-service (SaaS) and risk-model-as-a-service (RMaaS) solutions.
Through a strategic collaboration with infinitii ai inc., Inverite aims to enhance its data science capabilities and proprietary predictive algorithms to cater to the alternative lending industry. The partnership will focus on developing new data models and machine learning technologies to predict credit repayment and default behavior of loan applicants, addressing the growing demand for credit through alternative lending channels in Canada.
Marble Financial Inc. has introduced a new credit-improvement subscription program called 'Boost,' targeting Canadians with limited credit access. The program offers a 12-month, interest-free installment loan, enabling participants to subscribe to the MyMarble premium platform. For a monthly fee of $34.99 plus tax, users can improve their credit scores through reported tradelines to major credit bureaus.
This initiative addresses the needs of subprime consumers, who represent the largest segment of credit users, especially during economic challenges.
Marble Financial Inc. (CSE: MRBL; OTC: MRBLF) announces the expansion of Marble Connect into the automotive industry by partnering with VINN Auto. This collaboration will provide VINN Auto customers access to Marble's MyMarble financial wellness platform, enhancing their experience with AI-driven financial solutions.
The partnership is expected to streamline the vehicle purchasing process and improve credit approval rates for customers, amid high demand due to a semiconductor shortage affecting the automotive industry. This expansion marks a significant opportunity for both companies.
Marble Financial (CSE: MRBL; OTC: MRBLF) announces impressive growth at its subsidiary, Inverite Verification, which surpassed 80,000 monthly transactions in August 2021, marking a 42% year-over-year growth in unique Canadian consumer data. With nearly 1.5 million consumer financial data instances processed, Inverite's success in open banking reflects increasing demand for instant verification services. This growth supports Marble's AI and machine learning initiatives, enhancing their MyMarble platform. The rise in digital banking usage among Canadians positions Marble favorably in the evolving financial landscape.
Marble Financial Inc. (CSE: MRBL; OTC: MRBLF) has announced that its subsidiary, Inverite Verification Inc., signed a license agreement with CreditBook. This partnership aims to enhance risk analysis data within the subprime lending sector. The collaboration will allow Inverite to leverage CreditBook's extensive database of non-registered loans, improving its credit decisioning tools for subprime consumers. Phase 1 will introduce the CreditBook check as a new service, while Phase 2 plans to incorporate this data into Inverite's AI-powered Risk Score. This initiative supports Marble's commitment to financial wellness.
Marble Financial Inc. (CSE: MRBL; OTC: MRBLF) has announced a licensing agreement with Konect Ai to offer its financial wellness platform, MyMarble, to over 50 automotive dealerships. This integration, known as Marble Connect, will enable more than 10,000 monthly customers to access personalized finance solutions, enhancing their credit awareness and financial health. The platform aims to improve the customer journey in car purchasing, providing tools for achieving better credit scores and loan approvals. The partnership is expected to foster long-term brand loyalty and drive customer engagement.
Marble Financial Inc. (CSE: MRBL; OTC: MRBLF) has announced a licensing agreement with Citadel Mortgages, enabling customers to access Marble's financial wellness platform, MyMarble, through the Marble Connect API. This strategic collaboration aims to provide enhanced financial education and tools to underserved Canadians, helping them achieve mortgage readiness and financial security. Marble will receive compensation for new customers engaging with the API. The partnership aligns with the growing trend of digital financial management and seeks to empower consumers in their financial journeys.
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