Interac Corp.

And I really didn't know much about the credit union sector.

other than those few sales calls or maybe partnership activities I had with them at Interac.

But it was really fascinating to hear what it was all about and actually how much of an ecosystem exists within the sector itself.

When I was listening to you there, you did a good job together.

That's great.

It isn't necessarily about, can you process Canadian dollars? It's do you actually support this market locally? Local acceptance, settlement in a local currency and the methods that people like and trust, like Interac in Canada specifically.

which for a lot of US businesses is unknown payment method.

And so it's the same consideration for many of the other markets.

I'm running around to small necessities, whatever she needs.

But at the end of September, Wanda sent an Interac e-transfer for $2,000 to Eric from her TD Bank account.

She received confirmation the money was sent to Eric.

But then she got an email.

A victim may have been part of a breach in the past where a password that he utilized on a specific website or platform along with his email address gave them the ability to access his email account.

And from there, they can potentially access or change his auto deposit without necessarily getting into his bank account.

Interac tells CTV the e-transfer service remains safe and incidents like these occur outside of its network.

Changes to an Interac e-transfer auto deposit registration require confirmation through the email address associated with the registration.

T'auras pas de machine, t'auras pas de terminal.

Je vais te dire de quoi, Georges Laraque et son terminal avec ses virements Interac, puis là, la question, puis le monde passe, la réponse.

[rire]

On aura pas plus cash jusqu'à 15 heures, je vais te dire tout de suite.

And it says, Don't miss out on this opportunity.

To claim your cash back, use Interac at ReminderAnnualToReward.com or visit any Costco store.

Act quickly to make the most of your rewards.

We greatly appreciate your loyalty.

The lawsuits allege that Groq scans and extracts facial geometry when users upload selfies to generate image transformations like headshots or avatars without providing required written notices, getting consent, or publishing data retention schedules.

Rounding out our North American news today, Encode has added a peer-to-peer cryptographic setup to its TrustGraph fraud network, allowing banks to share fraud intelligence without pooling raw customer files.

Following its acquisition of Identiq, the system uses secure multi-party computation to verify identities across institutions like Canada's Interact network, boosting fraud capture by up to fifty-three percent in early deployments while keeping customer records private.

Crossing over to Europe, a new inclusion survey from the UK Office for Digital Identities and Attributes found that nearly half of certified digital identity providers using biometrics offer an alternative route for people who opt out of facial scans.

While eighty-nine percent of providers use biometrics and three-quarters meet digital accessibility standards, sixty-one percent pointed to high compliance costs as the biggest hurdle to improving market inclusion.

And I think that that is because it is like screen time that is engaging.

Yeah.

Interactive screen time.

And cause like, I remember like the little dance videos and stuff that I would watch, like the Disney sing along videos and the, like the Disney dance videos, like on VHS that you could pop in.

Do

And those financial tools sit squarely within presidential authority.

Canada has some protection for its domestic commerce through the Interac system, which performs functions that in many countries are in the hands of Visa and Mastercard, two companies that play a big role in US sanctions enforcement.

But Canada's overseas trade is much more vulnerable, and that's where the idea of a Canada European payment system comes in.

We're kind of in a new moment where novelty and exceptions are being made and experiments are happening.