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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…
Ecosystem, Events
Event Recap: True North 2018 – Tech For Good
As a creative within the Fintech industry, I highly value conferences that offer a wide-range of speakers and topics that challenge my status quo and leave me with feelings of insightful inspiration and motivation. Communitech’s True North 2018 conference exceeded my expectations in every regard. Between May 29-31, myself and…