Inverite Insights signs two-year deal with NewRoads

Mr. Mike Marrandino reports INVERITE EXPANDS AUTOMOTIVE PRESENCE WITH NEWROADS AUTOMOTIVE GROUP PARTNERSHIP Inverite Insights Inc. has formed a 24-month agreement with NewRoads Automotive Group. 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. 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. 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. "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." "This agreement strengthens our presence in automotive finance and brings real-time verification to NewRoads' customers," said Karim Nanji, chief executive officer 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." About Inverite Insights Inc. Inverite Insights is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 28 billion financial data points from more than seven million unique Canadian consumers requests, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance. We seek Safe Harbor.