EVERLINK AND COLLABRIA TO PILOT NEW INSTANT CREDIT CARD ISSUANCE OFFERING WITH SUNOVA CREDIT UNION

April 21, 2016

MARKHAM, ON; SELKIRK, MB; CALGARY, AB; APRIL 21, 2016 – Everlink Payment Services Inc. and Collabria Financial Services Inc. announced today that Sunova Credit Union has partnered with the two companies to offer their members Instant Credit Card Issuance. Upon implementation, Sunova Credit Union staff will be capable of instantly issuing personalized MasterCard® credit cards, removing the wait time currently experienced, and eliminating the need to mail sensitive information to approved applicants. The new Instant Card Issuance (ICI) service is set to launch this fall.

With a long history of implementing innovative products and solutions, it’s no surprise that Sunova Credit Union has chosen to be part of the pilot of the new Instant Credit Card issuance offering. Sunova was the first credit union to implement Everlink’s ICI solution, the first credit union to offer contactless debit cards through ICI, and most recently to deploy Everlink’s ATM Express service offerings.

“It would be very unlike Sunova to create a card that maintained the status quo. We wanted to wow our members and create an offering that was exactly what the market was lacking,” says Dallas Kostna, Vice President and CIO of Sunova Credit Union. “This card has been designed to provide the best possible value and service to our members. Keeping convenience top of mind, it made sense to build on our relationship with Everlink and Collabria and be the first in Canada to offer credit cards printed directly in our branches – provided immediately after a member has been approved for their card, with no wait time.”

“Sunova has a long and successful history of credit union leadership for innovative and unique, member-focused solutions. When Sunova challenged Collabria to find a way to issue and activate credit cards in their branches, we turned to the Canadian leader in Instant Card Issuance – Everlink Payment Services,” says John Dundas, CEO of Collabria. “Working side-by-side, Sunova, Everlink and Collabria have successfully developed this innovative technology solution. With Sunova serving as the pilot credit union, our tri-partnership efforts will see the implementation and perfection of Instant Credit Card Issuance for use within all credit unions branches across Canada.”

“From a payments perspective, Sunova has been a tremendous partner, working collaboratively with Everlink on the development and integration of many innovations with this latest serving as a fundamental game-changer for how credit cards are issued today,” says Mark Ripplinger, President & CEO at Everlink. “With Collabria’s value offering and expertise, we look forward to launching the new Instant Credit Card Issuance through our tri-partnership with Sunova Credit Union.”

Sunova Credit Union: Incorporated in 1955 (then known as South Interlake Credit Union) Sunova is a vibrant, innovative, and friendly full-service financial institution dedicated to providing exceptional member experiences. With 12 full-time branches and $1.4 billion in assets, Sunova serves over 34,000 members throughout Winnipeg and rural Manitoba.

Collabria Financial Services Inc. is a unique payment solutions provider created to deliver customized, end-to-end credit card products and services. At its core, what sets Collabria apart is its foundation in partnership, collaboration and responsiveness. With Collabria, you’ll never have to settle for “one size fits all” programs. Instead, Collabria professionals work with you to design solutions built around the exact needs of your financial institution and your customers. For more information, visit www.collabriafinancial.ca.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and independent sales organizations across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management, Merchant Services and Professional Services.

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