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Interac Corp. acquires Ottawa-based digital security firm 2Keys

-. The Canadian Press Images/Stephen C. Host

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.

READ MORE: Tech issue affecting debit vendor leaves some Canadians unable to make purchases

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

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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.

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