Vancouver, British Columbia — October 7, 2025 — Leads & Copy — Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0), an AI-driven software provider, has announced a 24-month agreement with NewRoads Automotive Group to adopt Inverite’s Instant Bank Verification (IBV) for income verification and its Identity and Know Your Customer (KYC) solution. This collaboration aims to enhance fraud prevention across NewRoads’ automotive retail and financing operations in the Greater Toronto Area.
NewRoads will integrate Inverite’s Open-Banking Ready Platform to support real-time income verification, reduce friction in the financing journey, and strengthen identity assurance. The deployment is expected to streamline workflows, reduce manual processing, and provide a faster customer experience.
According to Kathy Nga, Leasing Manager at NewRoads Automotive Group, Inverite’s platform will help shorten approval times and reduce fraud risk while simplifying the process for customers.
Karim Nanji, CEO of Inverite, stated that the agreement strengthens Inverite’s presence in automotive finance and brings real-time verification to NewRoads’ customers, accelerating approvals and supporting data-driven risk decisions.
About NewRoads Automotive Group
Founded in 1968, NewRoads operates a network of dealerships representing eleven major automotive brands across the Greater Toronto Area and provides financing through NewRoads Financial.
About Inverite Insights Inc.
Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data, empowering businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.
Contact:
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104
Email: ir@inverite.com
Source: Inverite Insights Inc.
