- Inverite Insights (CSE: INVR) enhances its verification platform with advanced liveness check and real-time bank verification notifications.
- The new features aim to improve fraud protection, allowing clients to customize risk thresholds and receive real-time insights.
- The system maintains data privacy and security through anonymized Customer IDs and encrypted data.
Inverite Insights Inc. (CSE: INVR), a leading AI-driven software provider, has introduced significant enhancements to its verification platform. The upgrades include an advanced liveness check feature and improved bank verification lifecycle event notifications. These updates are designed to bolster fraud defenses and provide clients with greater control over identity verification processes.
The enhanced ID Verify solution now incorporates sophisticated capabilities to detect spoofing attacks and photo-based fraud, ensuring the presence of a real user during verification. This advanced liveness check surpasses traditional document verification by using biometric signals to confirm both the authenticity of ID documents and the presence of a live person, offering a seamless single-step verification process.
In addition to the liveness check, Inverite's new bank verification notifications deliver real-time insights into each verification attempt's stages and outcomes. Clients can now receive fraud check statuses of 'Approved' or 'Denied', alongside liveness confidence scores, enabling them to set custom risk thresholds and tailor their verification workflows.
These improvements aim to reduce onboarding drop-off rates and enhance user experience while maintaining high privacy standards. Sensitive data remains fully encrypted, with only anonymized Customer IDs shared to ensure data security.
Inverite Insights continues to empower businesses with innovative solutions for data enrichment, identity, risk management, and compliance, reinforcing its commitment to delivering secure, efficient, and accurate tools for credit decisioning across Canada.
