Inverite and Mortgage Automator: Revolutionizing Mortgage Industry with AI-Driven AML Solutions

Written byAInvest Visual
Wednesday, Sep 25, 2024 5:11 am ET1min read
Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) and Mortgage Automator have joined forces to revolutionize the mortgage industry by integrating advanced AI-driven AML solutions. This strategic partnership aims to enhance operational efficiency and decision-making for mortgage lenders and MICs (Mortgage Investment Corporations) across Canada.

Inverite's innovative Instant Bank Verification and Risk/Confidence Scoring solution will be seamlessly integrated into Mortgage Automator's platform, providing advanced tools for faster and more accurate borrower data verification. This integration will significantly enhance risk assessment capabilities, setting a new benchmark for accuracy and efficiency in mortgage processing.

Mortgage Automator's platform will now offer its growing network of private lenders and MICs advanced tools for faster and more accurate borrower data verification. Inverite's cutting-edge scoring solution will enable lenders to assess borrower risk with great precision, transforming how they verify and assess borrower risk.

This partnership marks an exciting development for both companies and promises to deliver transformative benefits to mortgage lenders throughout Canada. By combining Inverite's real-time data analytics with Mortgage Automator's comprehensive platform, they are delivering powerful solutions that enhance operational efficiency and decision-making for mortgage lenders and MICs.

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 includes origination, servicing, fund/MIC management, and reporting. This helps private lenders and MICs grow faster and more efficiently. Inverite, on the other hand, 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 consumer transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance.

In conclusion, the strategic partnership between Inverite and Mortgage Automator is set to revolutionize the mortgage industry by providing advanced AI-driven AML solutions. This collaboration will enable mortgage lenders and MICs to enhance operational efficiency and decision-making, ultimately leading to a more secure and compliant lending environment.

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