{"id":228116,"date":"2026-03-10T16:39:40","date_gmt":"2026-03-10T20:39:40","guid":{"rendered":"https:\/\/www.interac.ca\/?post_type=content&#038;p=228116"},"modified":"2026-03-10T16:39:40","modified_gmt":"2026-03-10T20:39:40","slug":"how-interac-brought-students-into-the-conversation-on-the-future-of-payments","status":"publish","type":"content","link":"https:\/\/www.interac.ca\/en\/content\/working-at-interac\/how-interac-brought-students-into-the-conversation-on-the-future-of-payments\/","title":{"rendered":"How Interac brought students into the conversation on the future of payments"},"content":{"rendered":"\n<p>Michelle Cochrane, Innovation Lead at Interac and Fidel Romero, Workforce Operations Leader at Interac have been grappling with&nbsp;a very specific&nbsp;question: What could we learn if students from across the country&nbsp;participated&nbsp;in conversations about the future of payments in Canada?&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>At Interac, we are focused on&nbsp;helping Canadians&nbsp;move&nbsp;faster in a digital world.&nbsp;And as emerging technologies reshape how&nbsp;people&nbsp;live, work, and pay,&nbsp;student&nbsp;voices&nbsp;are&nbsp;helping to define that future.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp\" alt=\"\" class=\"wp-image-228123 lazyload\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-1536x1024.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/171.www_.envisiond.media_20260204_InteracU-Innovate-1-2048x1365.jpg.webp 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" data-original-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>What is the U-Innovate Challenge?<\/strong>&nbsp;<\/p>\n\n\n\n<p>The&nbsp;U-Innovate Challenge, developed in partnership with TECHNATION,&nbsp;invited post-secondary students from across the country to imagine what payments could look like in a world powered by agentic AI.&nbsp;&nbsp;<\/p>\n\n\n\n<p>U-Innovate&nbsp;brought&nbsp;together students, industry experts, and Interac leaders in a national innovation challenge. This&nbsp;went beyond the traditional case competition, where students analyze a business case and present solutions. Instead, the U-Innovate Challenge&nbsp;gave&nbsp;students&nbsp;hands-on&nbsp;exposure to emerging technologies, direct access to industry mentors, and&nbsp;opportunities to join important conversations.&nbsp;<\/p>\n\n\n\n<p>To scale the idea nationally, Interac&nbsp;worked&nbsp;with TECHNATION,&nbsp;leveraging&nbsp;its established platform and&nbsp;post-secondary&nbsp;network to reach students coast-to-coast.&nbsp;Over 120 students&nbsp;participated&nbsp;from&nbsp;universities and colleges across seven provinces, from Newfoundland to British Columbia.&nbsp;<\/p>\n\n\n\n<p><strong>Why does Interac invest in student innovation through U-Innovate?<\/strong>&nbsp;<\/p>\n\n\n\n<p>Interac built U-Innovate around&nbsp;two&nbsp;core&nbsp;objectives:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Innovation<\/strong>:\u00a0To explore emerging ideas at the intersection of agentic AI and payments, and to source fresh perspectives from students who are often early adopters and shapers of\u00a0new technologies.\u00a0<\/li>\n\n\n\n<li><strong>Talent Development<\/strong>: To connect student innovation directly to career opportunities. The top ranked team\u00a0received\u00a0final round interviews at Interac, ensuring the program is not just theoretical, but tied to real opportunities.\u00a0<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp\" alt=\"\" class=\"wp-image-228117 lazyload\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-1536x1024.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/535.www_.envisiond.media_20260204_InteracU-Innovate-1-2048x1365.jpg.webp 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" data-original-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Why focus U-Innovate on agentic AI and payments?<\/strong>&nbsp;<\/p>\n\n\n\n<p>Students&nbsp;represent&nbsp;the next generation of payment behaviours, expectations, and values. They expect financial experiences to be seamless, embedded, intelligent, and aligned with their needs.&nbsp;<\/p>\n\n\n\n<p>By asking students to imagine agentic, human-centred payment experiences, Interac&nbsp;learns&nbsp;how younger Canadians think about trust, autonomy, convenience, and digital interaction. This helps Interac design future&nbsp;ready payment&nbsp;solutions that&nbsp;remain&nbsp;relevant as expectations evolve.&nbsp;<\/p>\n\n\n\n<p><strong>How is U-Innovate different from traditional campus recruiting or case&nbsp;competitions?<\/strong>&nbsp;<\/p>\n\n\n\n<p>U-Innovate flips the traditional model. Instead of asking students to solve predefined problems, Interac&nbsp;invited&nbsp;them to lead with their own perspectives.&nbsp;<\/p>\n\n\n\n<p>Students&nbsp;were&nbsp;evaluated not just on technical thinking, but on creativity, collaboration, and awareness of social, cultural, and economic impact. The program also&nbsp;included&nbsp;built-in networking, giving students direct access to Interac employees, leaders, and judges &#8211; something that is often inaccessible in traditional recruiting.&nbsp;<\/p>\n\n\n\n<p><strong>What&nbsp;did&nbsp;students gain from participating?<\/strong>&nbsp;<\/p>\n\n\n\n<p>Students&nbsp;gained&nbsp;exposure to real innovation challenges that organizations like Interac are actively exploring. They&nbsp;built&nbsp;confidence in their ideas, deepened&nbsp;their understanding of the payments and fintech landscape, and developed&nbsp;tangible work they can add to their portfolios.&nbsp;<\/p>\n\n\n\n<p>Equally important,&nbsp;students&nbsp;built&nbsp;relationships with peers from across the country and with professionals working in technology, payments, and innovation.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"228125\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-1024x683.jpg.webp\" alt=\"\" class=\"wp-image-228125 lazyload\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-1536x1024.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/521.www_.envisiond.media_20260204_InteracU-Innovate-2048x1365.jpg.webp 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" data-original-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"228121\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp\" alt=\"\" class=\"wp-image-228121 lazyload\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-1536x1024.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/503.www_.envisiond.media_20260204_InteracU-Innovate-1-2048x1365.jpg.webp 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" data-original-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-1024x683.jpg.webp\" alt=\"\" class=\"wp-image-228122 lazyload\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-1536x1024.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2026\/03\/492.www_.envisiond.media_20260204_InteracU-Innovate-2048x1365.jpg.webp 2048w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" data-original-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>What happens after the final pitch?<\/strong>&nbsp;<\/p>\n\n\n\n<p>U-Innovate&nbsp;doesn\u2019t&nbsp;end on pitch day. Interac teams working on agentic AI and emerging innovation continue to engage with finalist ideas, creating opportunities for dialogue, feedback, and learning.&nbsp;<\/p>\n\n\n\n<p>One of the most meaningful outcomes is&nbsp;<a href=\"https:\/\/www.interac.ca\/en\/content\/working-at-interac\/how-interac-empowers-interns-through-reverse-mentorship\/\" target=\"_blank\" rel=\"noreferrer noopener\">reverse mentorship<\/a>.&nbsp;Students bring perspectives that highlight emerging trends, unmet needs, and shifting expectations. This insight helps Interac future proof its thinking and products.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>How does U-Innovate support&nbsp;Interac&nbsp;and&nbsp;its&nbsp;approach to internships and early talent?<\/strong>&nbsp;<\/p>\n\n\n\n<p>The Interac&nbsp;early talent philosophy is grounded in real ownership and exposure.&nbsp;&nbsp;Interac gives students&nbsp;meaningful&nbsp;opportunities&nbsp;to work&nbsp;on both current and future products&nbsp;and initiatives.&nbsp;Interac&nbsp;Interns join a cohort that emphasizes networking, collaboration, and relationship building, reflecting inclusive and connected culture&nbsp;at&nbsp;Interac.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>What does U-Innovate signal about Interac&nbsp;and its&nbsp;role in Canada\u2019s innovation ecosystem?<\/strong>&nbsp;<\/p>\n\n\n\n<p>U-Innovate reinforces Interac&nbsp;and&nbsp;its&nbsp;commitment to Canadian built innovation and its role as a thought leader in emerging technologies like agentic AI.&nbsp;By investing in students&nbsp;to&nbsp;participate, Interac signals a belief that the future of payments in Canada will be defined by the next generation of Canadian thinkers. Supporting youth innovation today helps ensure Canada\u2019s digital future is inclusive, purposeful, and prepared.&nbsp;<\/p>\n\n\n\n<p>As Canada\u2019s payments landscape continues to evolve, Interac sees student innovation as essential to staying relevant, responsible, and future ready. Programs like U-Innovate are not just about ideas-they\u2019re&nbsp;about creating access, building confidence, and empowering the next generation of Canadian thinkers to shape technology with purpose.&nbsp;<\/p>\n\n\n\n<p>By engaging students early, listening to their perspectives, and opening doors to real opportunities, Interac is helping strengthen Canada\u2019s innovation ecosystem and ensure the future of payments reflects the needs, values, and expectations of the people who will use them most.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michelle Cochrane, Innovation Lead at Interac and Fidel Romero, Workforce Operations Leader at Interac have been grappling with&nbsp;a very specific&nbsp;question: What could we learn if students from across the country&nbsp;participated&nbsp;in conversations about the future of payments in Canada?&nbsp;&nbsp;&nbsp; At Interac, we are focused on&nbsp;helping Canadians&nbsp;move&nbsp;faster in a digital world.&nbsp;And as emerging technologies reshape how&nbsp;people&nbsp;live, work,&hellip;<\/p>\n","protected":false},"author":63,"featured_media":228117,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"content-tags":[958],"content-category":[956],"spokespeople":[],"in_the_know_post_format":[169],"class_list":["post-228116","content","type-content","status-publish","format-standard","has-post-thumbnail","hentry","content-tags-culture-community","content-category-working-at-interac","in_the_know_post_format-article"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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