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Inverite Announces Agreement with Ownly to Support Digital Income Verification and Affordability Assessment for Homebuyers
TMX Newsfile· 2026-02-24 08:00
Core Viewpoint - Inverite Insights Inc. has partnered with Ownly Limited to enhance the homebuyer qualification process through real-time income verification and affordability assessment using Inverite's technology [1][2]. Group 1: Partnership Details - Ownly will utilize Inverite's Instant Bank Verification (IBV) technology to connect securely to prospective homebuyers' bank accounts, enabling real-time analysis of income and financial obligations [2]. - The integration aims to streamline the affordability assessment process, reducing reliance on manual documentation and improving onboarding workflows for builders and homebuyers [2][5]. Group 2: Technology and Benefits - Inverite's platform allows for real-time validation and analysis of financial accounts, helping organizations verify account ownership and generate affordability insights while enhancing fraud prevention [3]. - The partnership reflects a growing demand for automated financial verification and affordability insights in digital onboarding workflows, particularly in the housing and real estate sectors [5]. Group 3: Company Background - Inverite Insights Inc. specializes in real-time financial data and decisioning signals, focusing on bank verification, income analytics, and AI-driven risk modeling [6]. - Ownly Limited is a digital homebuying platform that facilitates the home purchase journey through digital qualification and engagement, aiming to improve transparency and efficiency for prospective homeowners [6].