Application programming interfaces (APIs) allow systems initially built for single use cases to be re-defined as platforms, their core functionality offered to outside developers to discover new uses and new value propositions for their original technology. We spoke with Edwina Johnson, Chief Operating Officer at Alloy and to learn how…
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Interac leverages its payment platforms in a new and innovative way, creating a win for a green-power utility. Picture yourself a few years from now. It’s after work, and you’re pulling into the driveway in your electric car. You’re about to plug it into the charging outlet when an app…
We spoke with Iain Klugman, CEO of Communitech, about his thoughts on the Digital Charter and why it will be important for Canada in the future.
Facebook’s June 18th announcement about the launch of its global cryptocurrency Libra immediately made waves in the payments and banking industry. Backed by major players like Mastercard, Visa, Uber, Lyft, Paypal, Spotify, ebay, and Stripe, many are wondering if Libra might scale and disrupt at a pace never before seen…
Earlier this month, members of our Lab team participated in the DisruptAI Hackathon, hosted by Havas in Toronto. The challenge of the Hackathon was about using AI and Data Science to disrupt an industry. Before brainstorming, the team thought about what they wanted out of the Hackathon. First was hands-on…
Our 2019 Hackathon season started off with U of T Hacks in January. This year 13 teams competed in the Interac challenge to win a team prize of $1000. The winning team, FaceLyft, impressed us with a well-thought out user experience and integration of our beta API with facial recognition…
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…
Cheques are still the #1 payment used by business, large and small. This means it is taking longer for businesses to get paid. For micro and small businesses, this could have a significant impact to money management, making it tight to invest in new products and services to grow the…
In a previous post we talked about one of Interac e-Transfer’s useful new features, Request Money, which allows users to send digital requests for money to any individual or business with a Canadian bank account – a feature that improves cash flow and reduces processing costs for businesses and their…
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…