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Ecosystem, Events

Event Wrap : Elevate Raises the Bar

This year, multiple Interac peeps were in and around the Elevate festival. There was the Hackathon on the 21st where Interac employees participated as mentors and judges, a whole day dedicated to talent, and the (epic) party that happened on King West the night of the 26th. Elevate represents the…
Interac Verification Solutions

Digital Identity in Health

As in most developed countries, health care in Canada comprises a significant portion of the economy: in 2015, such spending – almost $5,800 per person – amounted to 10.4% of our GDP*. To compete and prosper in a technology-driven world, Canadians need secure, ubiquitous, and convenient digital identity systems, and…
Hackathon

Elevate Hackathon: Building (and Winning) the Smart City Challenge

We are a couple weeks away from one of the biggest tech festivals in Canada. Elevate is coming, and with it, the Elevate Hackathon happening September 21st-23rd at MaRS. Yes, Interac is a sponsor of both the festival and the hackathon, but attending is so not (just) about networking to…
Cryptocurrency

Recap: Untraceable’s Blockchain Futurist Conference

This year’s two-day Blockchain Futurist Conference, hosted by Untraceable in Toronto, featured top leaders in Blockchain technology and their discussions around the future of the technology’s usability in businesses and every day life. This conference brought together blockchain innovators, pioneers, and enthusiasts from multiple industries to examine the new trends,…
Payments

Back to School Tips for How Consumers Want to Pay

September is now upon us, bringing with it an annual rush of spending as parents and their children obtain fresh equipment and clothing for the school season as well as rebooting music lessons or participating in sports leagues. If they’re to take full advantage of the phenomenon this year, businesses…
Ecosystem

How Partnerships Help Accelerate Promising Ideas to Market

For those of you who might not be aware, Interac is not a large organization, we have only 250-300 employees. Yet we handled 5.7Bn retail transactions in 2017, more than all credit card companies combined in Canada. We also run one of the largest P2P payment networks in the world,…
Interac Token Service Provider, Tokenization

Tokenization and Mobile Payments Security: Part 1 of 2

Getting customers to part with their hard-earned cash has been a core part of being a merchant since, well, forever. Since payments started to become less physical, however, the question of security has loomed larger in the minds of both parties to a transaction. No one wants a simple purchase…
News

Do the Right Thing, KYC and Playbooks: CBI Future of Fintech Recap

Interac recently had the opportunity to use CB Insights for research, and in this process we quickly learned that CB Insight have the word ‘insights’ for a very good reason. They are focused on taking vast amounts of information and drilling it down to succinct actionable next steps, so when…
Ecosystem, Events

Venture Capital and B2B Innovation: 2018 FinTech Conference Recap

This year’s 2018 Empire Startups FinTech Conference in Toronto featured speakers from payments, blockchain, lending, robo-advisors, insurance tech, and more. In this post, I’ll be sharing some of the key insights from the Conference, with a focus on the Venture Capital funding and B2B innovators panel. The Venture Capital Panel…
News

Interac opens innovation lab at Communitech

The new Interac Lab immerses the company in the tech community in the Waterloo Region Interac Corp. (“Interac”) announced today the launch of the Interac Lab, an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. The Interac Lab will support research and development, offering a space for hands-on…