Business
Inverite Expands Automotive Presence with NewRoads Automotive Group Partnership
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, announced a 24-month agreement with NewRoads Automotive Group ("NewRoads"). NewRoads will adopt Inverite's Instant Bank Verification (IBV) for income verification and its Identity and Know Your Customer (KYC) with.
About this update from Inverite Insights Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, announced a 24-month agreement with NewRoads Automotive Group ("NewRoads"). NewRoads will adopt Inverite's Instant Bank Verification (IBV) for income verification and its Identity and Know Your Customer (KYC) with liveness solution to enhance fraud prevention across its automotive retail and financing operations in the Greater Toronto Area.","length":657,"tagName":"p"},{"type":"text","content":"Under the agreement, NewRoads will integrate Inverite's AI-driven Open-Banking Ready Platform to support real-time income verification, reduce friction in the financing journey, and strengthen identity assurance prior to approval. The deployment is expected to streamline dealer and lender workflows, reduce manual processing, and provide a faster, more consistent customer experience.","length":389,"tagName":"p"},{"type":"text","content":"For Inverite, the partnership advances its strategy to expand in the automotive finance sector, broadening the data set that powers its machine-learning-driven data enrichment and fraud detection tools, while reinforcing its position as a trusted provider of advanced decisioning solutions for Canadian lenders.","length":311,"tagName":"p"},{"type":"text","content":""Inverite's verification platform will help us shorten approval times and reduce fraud risk while keeping the process simple for our customers," said Kathy Nga, Leasing Manager, NewRoads Automotive Group. "It's a natural fit with our focus on operational efficiency and delivering an exceptional buying experience."","length":343,"tagName":"p"},{"type":"text","content":""This agreement strengthens our presence in automotive finance and brings real-time verification to NewRoads' customers," said Karim Nanji, CEO of Inverite. "By combining Instant Bank Verification with modern identity and liveness checks, we can help NewRoads accelerate approvals while supporting smarter, data-driven risk decisions."","length":359,"tagName":"p"},{"type":"text","content":"About NewRoads Automotive Group...