Interac Expands Verification Service with National Bank of Canada Integration — Interac Corp.

Event summary

Interac Corp. has added National Bank of Canada to its Interac® verification service, allowing clients to verify their identity using online banking credentials.
The integration enables access to participating government and business services without in-person steps.
Fatema Pirone, Head of Interac Verified, highlights the expansion as making trusted digital identity verification available to the vast majority of Canadians.
National Bank has $606 billion in assets as of January 31, 2026.

The big picture

This integration aligns with the broader trend of digitizing essential services in Canada, reducing reliance on in-person verification. With nearly 300 financial institutions already connected to Interac’s network, this move solidifies its position as a key player in digital identity verification. The collaboration reflects a shared commitment to enhancing security and convenience in online transactions.

What we're watching

Adoption Pace: How quickly other major Canadian financial institutions will integrate with Interac Verified.
Government Collaboration: Whether the service will expand to more government digital services, enhancing public sector efficiency.
Security Standards: The evolving security protocols that may influence the reliability and trustworthiness of digital verification methods.