LOAN DECISIONING
Smarter loan
decisioning,
end-to-end
Replace manual document review with real bank data to validate applications, detect risk early, and move borrowers from application to funding with confidence.
Faster, more confident decisioning
Move qualified applications forward quickly with bank verification that identifies knockout rules sooner based on real bank data and activity and focus underwriting time on the files that actually qualify.
Validate claims with confidence
Confirm income, expenses, and obligations against verified bank activity and behaviour, not self-reported estimates.
KYC identity checks that fit your flow
Add a second layer of security with identity verification that doesn’t disrupt the borrower experience.
How it works
Step 1: Start with the loan application
Borrower submits core personal, employment, income, housing, and loan request details, along with self-reported expenses for later validation.
Step 2: Collect bank data through Inverite
Prompt the borrower to securely connect their bank account, replacing or reducing the need for manual pay stub uploads.
Step 3: Validate application data against real banking activity
Confirm income, expenses, and recurring commitments using verified transaction data, and flag inconsistencies or omissions.
Step 4: Underwrite affordability using cash flow insights
Assess true capacity to pay by analyzing income, spending behavior, recurring obligations, NSFs, overdraft usage, and other risk signals.
Step 5: Confirm identity and complete KYC
Perform identity verification after financial validation to ensure the borrower is who they claim to be and meet compliance requirements.
Step 6: Make the lending decision
Combine cash flow underwriting outputs, policy rules, and optional risk scoring to approve, decline, or conditionally approve the loan.
Step 7: Present and confirm the loan offer
Deliver loan terms to the borrower, capture digital acceptance, and prepare closing documentation.
Step 8: Automate PAD setup and loan documents
Use Inverite-verified bank details to populate pre-authorized debit information and generate documents for e-signature.
Step 9: Fund and set up repayment using the verified account
Fund the loan and initiate repayments from the same verified account to reduce payment errors and downstream collections issues.
%
Efficiency Gains
%
Faster Funding
%
Underwriting Time
Increase in application volume handled per loan officer when using Inverite Bank Verify, Risk Score, and ID Verify.
Borrowers who verify their banking information receive same-day decisions and funding.
Reduction in time spent reviewing applications compared to manual underwriting.
Results are based on historical performance from multiple Canadian lenders using Inverite products in controlled production and pilot environments. Individual results may vary based on portfolio characteristics, customer behavior, underwriting policies, and operational processes.
“Inverite has transformed how we verify and understand our customers. The platform delivers fast, reliable, and incredibly easy-to-use real-time insights with consistent accuracy. It has eliminated the delays and manual processes we used to deal with, enabling us to make more confident and informed decisions.
Inverite’s platform gives us a competitive edge, and we trust them to keep us ahead of the curve.”
– Paul Bessette, Director, Financial Services and Lending, Sherwood Credit & Leasing & Inverite customer since 2022
The Inverite risk intelligence stack
Get the
data to
decision
smarter