MARKHAM, Sept 22, 2008 – Everlink, a leading provider of electronic payments services in the Canadian marketplace, has announced that Shinhan Bank Canada, a wholly owned subsidiary of Shinhan Financial Group Co. Ltd., has entered into an agreement with Everlink for issuing and acquiring services. Headquartered in Korea with locations throughout nine countries, Shinhan Bank is extending its reach into Canada with a primary focus on serving the country’s growing Korean population.

Everlink will be providing Shinhan Bank Canada with gateway transaction switching, ATM driving, device monitoring and card processing services. The bank has been approved for operations in Canada by the Office of the Superintendent of Financial Institutions and is establishing its head office in Toronto. The bank is also planning to operate ATMs at each branch and expand throughout Toronto and Vancouver with the opening of several branches.

“Our global vision is to become a premier global bank that customers can be proud of,” said Yong Kil Kim, president and CEO, Shinhan Bank Canada. “Everlink’s low-risk, high-value offerings, coupled with the company’s financial services expertise and experience, will support our vision as we continue to expand throughout Canada.”

“Our proven solutions offer the accessibility of around -the-clock customer support, the stability and performance of a fully operational infrastructure and the flexibility of pricing which is not volume sensitive,” said Mark Ripplinger, president of Everlink. “Everlink will provide the technology and infrastructure that will help support Shinhan Bank Canada to meet and exceed its growth potential.”

About Shinhan Bank

Shinhan Financial Group secured the leading position in the financial industry, growing as a financial group with the 2nd best asset scale in 2003. Shinhan Financial is successfully managing 11 subsidiary companies and two subsidiary companies in the global financial industry including the bank, card, securities, life insurance, asset management, lease, financial advisory, etc. Shinhan Financial Group is listed on both the Korean (KRX) and U.S. (NYSE) markets.

About Everlink

Everlink Payment Services Inc. was formed in 2003 in partnership with its shareholders Metavante Corporation and Celero Solutions and is a leader in the dependable, secure delivery of electronic transaction switching services in the Canadian marketplace. Everlink became a Direct Connector on the INTERAC® Inter-Member Network (IMN) in 2004 and acquired the CGI/CDSL switching assets in December 2005. The company operates a value-added CyberGateway technology platform and processes in excess of 500 million issuer and acquirer transactions annually. Operating three direct connect nodes to INTERAC, as well as being the central switch provider for the Canadian Exchange® Network, the ACCULINK™ Network, the Acxsys Cross Border Debit Services, and through numerous connections to both debit and credit payment networks, Everlink connects partner organizations to hundreds of thousands of ATM and point-of-sale devices worldwide.

Everlink is a national electronic services supplier providing switching services to 90 percent of the Canadian credit union system and financial services organizations. Everlink specializes in leading-edge gateway transaction switching, ATM/POS driving, device monitoring and card processing services. Everlink connects partner organization cardholders regionally, nationally, globally, one secure transaction at a time with cost-effective comprehensive solutions and services. To learn more about Everlink Services, visit.

Metavante and NYCE are registered trademarks of Metavante Corporation, which is the principal subsidiary of Metavante Technologies, Inc.