This article was originally published on July 26, 2019.
At Interac, we believe digital identification will be a huge boon for the Canadian economy. With this in mind, Interac supports bringing together public and private sector stakeholders with the goal of accelerating the digital identity ecosystem.
We value innovation through collaboration to help bring digital IDs to Canadians from coast to coast. That’s why we recently hosted a ‘Collision Day’ at our Toronto headquarters. Collision Day events invite up-and-coming companies to pitch solutions to business challenges to established brands like Interac. As you’ll see in this video, several startups pitched ideas involving video verification, secure digital wallets, blockchain-based authentication and more.
Interac has been a leader in the identity and authentication space throughout our 35 year history. We expect digital ID — designed with user privacy and consent in mind — will be an essential element of an increasingly digital future, and we plan to play a leading role in bringing that innovation to the digital economy.