“Our core function here at the Lab is to accelerate product development for Interac products and future initiatives.”That energy is what Interac hoped to generate with its innovation lab.

Launched in 2018 and based within the Kitchener-Waterloo tech hub, Communitech, the Interac Lab is focused on tackling market challenges to help develop propositions and features for Canadians.

Addressing feasibility and end-user needs is something Debbie Gamble, the Chief Officer of the Innovation Lab & New Ventures Team, constantly thinks about.

Interac took a different approach and leveraged Communitech’s ‘innovation-lab-as-a-service’ to build and house the Interac Lab.

As with any major initiative, stakeholder support can make or break an innovation lab project. | To read full story, visit https://startuparound.com/read/1580313726.0032728/Why-Interac-partnered-with-Communitech-to-bring-its-innovation-lab-to-life?ref=audio_experience