MARKHAM, ON, FEBRUARY 23, 2016 – Everlink Payment Services Inc. announced today a strategic partnership with Libro Credit Union, the third largest credit union in Ontario, to provide Central Card Issuance (CCI) to over 100,000 Owners of their credit union.
Everlink’s Central Card Issuance (CCI) solution enables financial institutions to reliably and cost-effectively produce contactless and EMV Chip debit cards from a secure central facility, offering distribution options to send the cards directly to the card-holder or to the branch.
“Libro Credit Union has been, and continues to be, in a strong strategic partnership with Everlink. Libro continuously demonstrates leadership across the payments spectrum and this partnership is another example as it now positions them to bring Interac Flash® technology to their members, while at the same time enabling the foundation for Mobile Payments,” says Mark Ripplinger, President & CEO at Everlink.
“Everlink is a proven leader in delivering innovative payment solutions, which is very exciting as Libro strives to transform banking and grow prosperity in southwestern Ontario,” says Scott Ferguson, Executive Vice President, Information Systems at Libro Credit Union. “Their robust focus on innovation aligns with our strategic initiatives that ultimately benefits the families, farms, enterprises and communities we passionately serve.”
Over the past four years, Everlink’s Card Issuance Solutions have been selected by numerous financial institutions across the country. Interac Flash® technology is a necessary prerequisite for financial institutions to remain competitive in a rapidly evolving payments landscape, particularly if they want to be prepared for the upcoming launch of Mobile Payments in Canada later this year.
For more information on Everlink’s contactless card issuing solutions, download our brochure: Contactless is More.
Libro Credit Union is Ontario’s third largest credit union with $3.6 billion in assets under administration and more than 100,000 Owners across southwestern Ontario. As a co-operative financial institution with more than 70 years of history, Libro supports the well-being of people, businesses and communities by providing high-quality financial coaching and profit sharing. Recognized as a 2016 Platinum Level Aon Best Employer in Canada, Libro is proud to support The Prosperity Project, which aims to grow prosperity in southwestern Ontario by mobilizing and inspiring collaboration, strengthening the financial health of people, families and businesses, and investing in our communities to help the region prosper together. Libro offers a full range of financial products and services for consumers, businesses and farms, including savings and chequing, investing, and borrowing. Great service can be experienced through 31 branches, online, telephone, mobile devices and a network of 4,000 ATMs across Canada. For more information, visit libro.ca/media.
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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For additional information contact:
Everlink Payment Services Inc.