Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Interac acquires Ottawa-based digital security company 2Keys

CP1161865661
A Interac sign is seen on a business storefront in North Vancouver, B.C., Tuesday, November, 5, 2019. THE CANADIAN PRESS/Jonathan Hayward

TORONTO – Interac Corp. has signed a deal to acquire Ottawa-based digital security firm 2Keys.

Financial terms of the agreement were not immediately available.

Interac operates the debit payments system.

The companies say 2Keys and its approximately 100 employees will join the company, adding its digital identification technology.

Founded in 1998, 2Keys designs, develops and operates digital identity systems.

2Keys is expected to operate as a subsidiary of Interac and maintain its core lines of business established with public and private sector organizations.

This report by The Canadian Press was first published Nov. 5, 2019.

News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

iNFOTEL

Related Articles