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CT, Canada's leading title insurance and real estate technology provider, has partnered with Interac Corp. to integrate the Interac Verified credential service into its solutions. This agreement sets the stage for a national standard of digitally secure real estate transactions in Canada by promoting the use of secure digital identity credentials across the industry.

    The Interac Verified credential allows Canadians to create a reusable digital ID using their bank login, government-issued ID, and biometric photo, which can be safely stored and shared with relevant transaction participants. This eliminates the need for repeated document verifications throughout the process.

    FCT will integrate the Interac Verified solution into its FINTRAC-compliant digital ecosystem, enabling secure identity verification that meets KYC/AML requirements for real estate agents, mortgage brokers, lenders, and other professionals.

    "We're excited to collaborate with Interac to set a new standard for identity verification," said FCT CEO Michael LeBlanc. "This partnership showcases our commitment to digital innovation and modernizing real estate transactions while protecting Canadians."

    FCT's adoption of Interac Verified will enhance identity assurance across residential and commercial transactions, reducing fraud risks and compliance requirements by allowing home buyers or owners to share only necessary data when needed.

    "Interac Verified powers FCT's vision for a trusted network of verified individuals and organizations throughout the real estate lifecycle," said Ryan Lambert, vice president of data and strategy at FCT. "By combining biometric verification, document validation, and bank-verified data into a single reusable credential, we're delivering the foundation for a national, secure real estate transaction."