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Inverite Insights Welcomes Canada’s Open Banking Progress

Story Highlights
  • Inverite Insights supports Canada’s move towards a national open banking framework.
  • The framework aims to enhance competition, innovation, and transparency in financial services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Inverite Insights Welcomes Canada’s Open Banking Progress

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Inverite Insights ( (TSE:INVR) ) just unveiled an announcement.

Inverite Insights Inc. applauds Canada’s progress toward a national Consumer-Directed Finance (Open Banking) framework, which is expected to enhance competition, innovation, and transparency in the financial services industry. The appointment of Abraham Tachjian as Canada’s Open Banking Lead marks a significant step forward, providing leadership and establishing governance for consumer-controlled data sharing. Inverite, as a leader in AI-powered financial data intelligence, stands to benefit from these developments, aligning its mission with the goals of innovation and fairness in a modern financial system.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based AI software company specializing in real-time financial data intelligence. The company provides lenders and businesses with data-driven insights for risk modeling, identity verification, and compliance, having collected over 30 billion financial data points from more than seven million Canadian consumers.

Average Trading Volume: 19,494

Technical Sentiment Signal: Buy

Current Market Cap: C$15.82M

See more insights into INVR stock on TipRanks’ Stock Analysis page.

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