Marble’s API Connect and Inverite’s open banking verification software go live with Rateshop
This launch represents a new acceptance by the mortgage industry that chooses our technology platforms
Vancouver, British Columbia–(Newsfile Corp. – May 12, 2022) – Marble Financial Inc. (CSE: MRBL) (OTC PINK: MRBLF) (FSE: 2V0) (“Marble” or the “Company”), an IA financial technology company, is pleased to announce that RateShop Inc. (“RateShop”), a Canadian provider of mortgage brokerage services, has launched the company’s proprietary Marble Connect application programming interface (“API”) and Inverite’s open banking software on its Platform.
With access to over 65 financial institutions, including banks, credit unions and mortgage lenders, RateShop specializes in connecting customers with competitive offers for mortgages that match their preferences and needs. credit profiles. RateShop is a leading mortgage brokerage services company that has won several notable awards including the ‘Best Mortgage Brokerage 2021‘ by Canadian Mortgage Professional (CMP) magazine. In 2021, RateShop experienced a significant increase in its customer base, leading it to license Marble’s advanced B2B technology solutions, namely Connect and Inverite, to serve its growing user base.
The Connect API and Inverite software will allow RateShop customers to receive accurate credit scores, access MyMarble’s comprehensive financial programs and tools, and AI-powered credit enhancement solutions, in addition to making check their banking information in near real time. As a result, RateShop’s platform should be able to produce greater customer retention due to the strong value proposition for its users as well as speed up its decision-making process to accelerate the integration of new customers.
“We are pleased to announce that another of our licensing partners, RateShop, has brought the Connect API and Inverite Open Banking Software live, which highlights the significant traction we have experienced for our B2B solutions,” said Doug Tanner, Marble’s Vice President of Business and Corporate Development. “It’s important to understand that our technology solutions can address almost any major financial transaction a person may experience in their lifetime – whether it’s applying for a mortgage, getting a credit card, to buy a car, get a loan, open a bank account, or even verify information for a job application.”
Doug added, “Since launching our Connect API, we have signed licensing agreements for Connect and Inverite with several leading companies with impressive depth and breadth of operations that span industry sectors such as financial services. /banks, automotive service companies and mortgage brokers, enabling our products to reach all of their underlying customers to support the growth of new users of our platform.As RateShop expands its operations, we have the intent to continue to help RateShop deliver greater value to customers through our proprietary technology offerings. It is exciting to see these new customer license agreements that encompass both our Connect and Inverite solutions, enabling customers to transact more efficiently. This clearly demonstrates the value propositions of Marble and Inverit e both for our customers and their underlying customers.
“We are proud to announce the launch of MyMarble on RateShop’s platform,” said Idda Ahmed, RateShop’s Marketing Manager. “By integrating MyMarble, RateShop allows customers to monitor and improve their credit score. We believe this will help customers budget, track and eliminate their debts by adopting good financial habits while finding the best mortgage solutions for their needs.”
RateShop is the latest channel partner to go live with the company’s Connect and Inverite technology solutions. Marble continues to gain industry acceptance in the licensing of its Connect and Inverite products, in which the integration and go-live status of these offerings is ongoing.
About RateShop Inc.:
Launched in 2016, RateShop has established itself as a market leader in Ontario’s growing mortgage industry. With a global network of over 65 accredited banks, credit unions and mortgage lenders, RateShop has developed a non-judgmental process for its customers. The company’s mission is to offer competitive mortgage rates without compromising transparency, efficiency and versatility. This includes working with people from all walks of life, including different credit and income types. With a team of over 200 mortgage professionals across the province, RateShop has become the number one choice for mortgage solutions.
For more information on RateShop, please visit: RateShop.ca
About Marble Financial Inc. (CSE: MRBL) (OTC PINK: MRBLF) (FSE: 2V0):
Marble’s proprietary MyMarble platform uses the power of machine learning, data science and artificial intelligence, leveraging its proven data-driven strategies through technology solutions Connect, Inverite, MyMarble, Fast-Track, Learn, and Boost to engage and navigate a clear path to financial wellness and a meaningful credit score. Since 2016, Marble has been proud to have empowered thousands of marginalized consumers to have a positive financial future, and we continue to establish ourselves as leaders in financial wellness through the licensing of our exclusive products. on the MyMarble platform and via Inverite.
For more information on marble, please visit: mymarble.ca
About Inverite Verification Inc., Inverite, a Canadian provider of open banking and consumer-focused finance, provides bank verification solutions to the financial services industry for income verification, credit adjudication, fraud reduction and knowing your customer/anti-money laundering. Inverite operates a cloud-based SaaS platform so its technology solutions can be integrated with customer systems. Inverite currently offers three SaaS services to its customers, namely Bank Verification, Identity Verification, and Risk Scoring. Inverite can access data from 286 Canadian financial institutions and offers multiple application programming interfaces to access up to a year of users’ financial data in seconds for its bank verification service, and has plug-ins available for the most popular e-commerce platforms, including WooCommerce and Shopify.
For more information about Inverite, please visit: https://Inverite.com
Mike Marrandino, Executive Chairman
Such. :(855) 661-2390 ext. 104 Email: [email protected]
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED NOR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words beliefs, expectations, anticipations, estimates, intentions, plans or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of management as of the date they are made and are subject to a variety of risks and uncertainties as well as other factors that could cause events or actual results differ materially from those projected in the forward-looking statements. statements. Except for historical facts, statements in this press release, as well as oral or other written statements made or to be made by Marble, are forward-looking and involve risks and uncertainties. The forward-looking information included in this press release is expressly qualified in its entirety by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update these forward-looking statements, except as required by applicable law.
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