{"id":228084,"date":"2026-03-23T08:30:00","date_gmt":"2026-03-23T12:30:00","guid":{"rendered":"https:\/\/www.interac.ca\/?post_type=content&p=228084"},"modified":"2026-03-25T10:41:22","modified_gmt":"2026-03-25T14:41:22","slug":"a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy","status":"publish","type":"content","link":"https:\/\/www.interac.ca\/en\/content\/business\/a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy\/","title":{"rendered":"A letter from the Chair of the Board: Powering Canada\u2019s digital economy"},"content":{"rendered":"\n

When Interac unveiled a bold three-year strategy launching in fiscal year 2025, it marked a new era for the organization and a promising development for Canada\u2019s digital economy. Now, as Interac has completed the first year of turning that strategy into reality, the Board is encouraged to see the momentum achieved to date. The company has delivered tangible results, demonstrating its ability to help build a future where all Canadians can thrive.  <\/p>\n\n\n\n

In 2025, Interac focused on maintaining the reliability of its core platforms while advancing innovation. The company honed its customer experience, while also launching new products to meet the needs of Canadians and businesses.<\/p>\n\n\n\n

Through Konek, Interac and Canada\u2019s leading financial institutions are expanding choice and competition across the e\u2011commerce landscape. Konek’s successful launch is the result of sustained collaboration and investment by Interac and the financial institutions. Canada stands to gain from a sovereign digital wallet and a secure, homegrown alternative to international e-commerce payments solutions.<\/p>\n\n\n\n

All the while, the company it has continued the growth of core business offerings such as Interac e-Transfer, Interac Debit and the Interac Verified suite of solutions.<\/p>\n\n\n\n

Along with those milestone achievements, Interac has made progress on other important initiatives, including the Real-Time Rail and its work to help address one of Canada\u2019s largest financial sector issues \u2013 fraud. It\u2019s clear that Interac is building market-trusted, innovative solutions that will shape Canada\u2019s digital future.<\/p>\n\n\n\n

Collectively, this impressive progress and performance in 2025 gives the Board the confidence that Interac remains future-focused, while not losing sight of the importance of being recognized as Canada\u2019s most reputable financial services brand<\/a>: offering innovative, secure solutions and protecting consumers and businesses through products that millions of Canadians rely on every day.<\/p>\n\n\n\n

In addition, the Board is confident Interac is well-placed to continue delivering on its three-year vision with focus, an innovative spirit and a robust corporate governance model that allows it to reinforce its commitment to building the secure, trusted network that underpins Canada\u2019s digital future.<\/p>\n\n\n\n

On behalf of the Board, I want to express our gratitude to President and CEO Jeremy Wilmot and the Interac Executive Team, as well as the innovators across Interac.<\/p>\n\n\n\n

For over 40 years, Canadians have put their trust in Interac. With an unwavering commitment to Canada and strong results, the work to protect that trust, power innovation, and deliver for Canadians will surely extend into 2026 and well beyond.<\/p>\n","protected":false},"excerpt":{"rendered":"

When Interac unveiled a bold three-year strategy launching in fiscal year 2025, it marked a new era for the organization and a promising development for Canada\u2019s digital economy. Now, as Interac has completed the first year of turning that strategy into reality, the Board is encouraged to see the momentum achieved to date. The company…<\/p>\n","protected":false},"author":1,"featured_media":109235,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"content-tags":[],"content-category":[189],"spokespeople":[],"in_the_know_post_format":[169],"class_list":["post-228084","content","type-content","status-publish","format-standard","has-post-thumbnail","hentry","content-category-business","in_the_know_post_format-article"],"acf":[],"yoast_head":"\nA Letter from the Chair: Powering Canada\u2019s Digital Economy - Interac<\/title>\n<meta name=\"description\" content=\"Read a message from Interac\u2019s Chair on strengthening Canada\u2019s digital economy, innovation, trust, and collaboration across the payments ecosystem.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interac.ca\/en\/content\/business\/a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A letter from the Chair of the Board: Powering Canada\u2019s digital economy\" \/>\n<meta property=\"og:description\" content=\"When Interac unveiled a bold three-year strategy launching in fiscal year 2025, it marked a new era for the organization and a promising development for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interac.ca\/en\/content\/business\/a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Interac\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/interac\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-25T14:41:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interac.ca\/wp-content\/uploads\/2023\/02\/Paul-Vessey_Chair-of-Board-1-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@interac\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.interac.ca\/en\/content\/business\/a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy\/\",\"url\":\"https:\/\/www.interac.ca\/en\/content\/business\/a-letter-from-the-chair-of-the-board-powering-canadas-digital-economy\/\",\"name\":\"A Letter from the Chair: Powering Canada\u2019s Digital Economy - 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