This article was originally published on July 26, 2019.<\/span><\/span> <\/span><\/em><\/p>\n At <\/span>Interac<\/span>, we believe digital identification will be a huge <\/span><\/span>boo<\/span>n<\/span><\/span> for the Canadian economy. <\/span>With this in mind, <\/span>Interac<\/span> supports <\/span><\/span>bringing together public and private sector stakeholders<\/span><\/span><\/a> with the goal of accelerating the digital identity ecosystem.<\/span><\/span> <\/span><\/p>\n We value innovation through collaboration to help bring digital IDs to Canadians from coast to coast. That\u2019s why we recently hosted a \u2018Collision Day\u2019 at our Toronto headquarters. <\/span><\/span>Collision Day events<\/span><\/span><\/a> invite up-and-coming companies to pitch solutions to business challenges to established <\/span>brands like <\/span>Interac<\/span>. <\/span><\/span>As you\u2019ll see in this video, several startups pitched ideas involving video verification, secure digital wallets, blockchain-based authentication and more.<\/p>\n Interac<\/span> has been a leader in the identity and authentication space throughout our <\/span>35 year<\/span> history. We expect digital ID \u2014 <\/span><\/span>designed with user privacy and consent in mind<\/span><\/span><\/a> \u2014 will be an essential element of an increasingly digital future, and <\/span><\/span>we plan to play a leading role<\/span><\/span><\/a> in bringing that innovation to the digital economy.<\/span><\/span> <\/span><\/p>\n\n\n