Unlocking the full potential of Canada’s digital economy
Insights from Interac Association/Acxsys Corporation
At Interac Association, we’ve been working with identity and authentication for a long time, because we’ve always had to ensure that those individuals and organizations making payments and transferring funds – and those receiving them – are who they say they are. Because security, in short, is the keystone of a trusted payments architecture, you can replace “making payments” with activities like “signing documents” or “registering for government services”, and the basic requirement of secure yet convenient digital identification and authentication remains the same – a requirement we’ve designed our processes and technology around for years. This section outlines the elements that our experience tells us will be essential to any successful solution.
Making healthcare more effective, efficient, and secure for Canadians.
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 a sector as important as health care – in both its public and private-sector aspects – stands to benefit greatly from digital identity in at least three ways.
"Canadians need to be able to do business with not only Canadian organizations but international ones too – and they need to do so without worrying about their security."