This transaction will allow SecureKey to focus on expanding its identity network infrastructure globally while Interac fulfills a vision of a national, standards-based digital ID platform – a vision that SecureKey has shared since the company was founded in 2008.
SecureKey will support Interac’s digital ID business in Canada as a strategic technology and service provider to Interac. Building on the success of its innovative Canadian services, SecureKey is also collaborating with strategic partners in multiple international markets to develop digital ID networks and services to meet the market need for broadly available, more convenient and secure methods of online authentication and identity verification.
Evolving online digital security when Canadians need it most
This exciting announcement arrives at a pivotal time in Canada. With the rapid growth of online and mobile service delivery, issues surrounding digital identity verification have become increasingly urgent to address, both for Canadians and their trusted service providers.
For over two years, the Verified.Me service has provided Canadians with a private and convenient way to validate their identity when opening new accounts with a wide range of private and public sector organizations and to sign into a multitude of government services using financial institution credentials they already have and trust. Everything from legal services to healthcare to government services can be accessed remotely and with the assurance that the users’ information remains safe. Verified.Me has also played a major enabling role in the digital lives of citizens throughout the pandemic by providing a quick and secure method of registering online for government programs, including the Canadian Emergency Response Benefit (CERB) and student loans.
This announcement meaningfully advances the evolution of digital ID in Canada and supports SecureKey’s vision for improving digital ID infrastructure globally.
Learn more about our strategic relationship with Interac and our digital ID and authentication services at securekey.com.
About SecureKey Technologies
SecureKey is a leading identity and authentication provider that simplifies consumer access to online services and applications. SecureKey enables a next generation privacy-enhancing identity and authentication network for connecting people to online services using a digital credential they already have and trust. SecureKey is headquartered in Toronto, with offices in San Francisco. For more information, please visit www.securekey.com and www.verified.me.
About Interac
Interac Corp. empowers Canadians to transact digitally with confidence by providing payment and value exchange services. Through our world-class privacy, fraud mitigation, governance and digital identity and authentication expertise, we help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion. We are proud to be one of Canada’s leading and most trusted financial brands. For more information, visit In the Know
About Greg Wolfond
Greg is the founder of SecureKey and brings more than 30 years of experience in fintech, security and mobile solutions to his role as Chief Executive Officer. Greg is a serial entrepreneurial whose earlier ventures include Footprint Software Inc., a financial software company he sold to IBM, and 724 Solutions Inc., a wireless infrastructure software provider he took public. He sits on several boards and has been recognized as one of Canada’s Top 40 Under 40, Entrepreneur of the Year and one of the 100 Top Leaders in Identity. Greg holds a Bachelor of Arts in Computer Science from the University of Western Ontario and a Bachelor of Science in Biochemistry and Life Sciences from the University of Toronto.