MARKHAM, ON, DECEMBER 16, 2020 – Everlink Payment Services Inc. is pleased to announce that it has become a member of the Financial Data Exchange (FDX), a non-profit organization dedicated to unifying the financial industry around a common and royalty-free standard for the secure access of data – the FDX API. Everlink now joins part of an elite membership of organizations from around the world and across the financial data sharing ecosystem working to collectively transition the financial services landscape to a modern, transparent and secure API-based data sharing approach.

FDX represents an industry-wide movement to enhance consumer and business control of financial data through its FDX API and technical standards that prioritize the group’s Five Core Principles of Financial Data Sharing – Control, Access, Transparency, Traceability and Security.

“Joining FDX is another opportunity for Everlink to partner with some of Canada’s leading financial institutions, fintech organizations, and payment companies. The acceleration of the payment landscape is evolving at a record pace, and joining FDX will assist Everlink in continuing to develop and grow it’s seven lines of business while contributing to financial innovation at FDX,” says Mark Ripplinger, President and CEO of Everlink. “Currently Everlink serves 96% of Canadian Credit Unions, 55% of consumer-facing schedule 1 and 2 banks, and 32% of non-bank secured ISOs, as well as Interac for all Canadian mobile debit tokenization and as the debit gateway for several large-scale, international POS Acquirers. This collaboration with FDX will provide us with the opportunity to influence the evolution of data sharing API standards while concurrently enhancing our domestic and global payments partnerships and expertise as we move into 2021 and beyond.”

“We are excited to have Everlink as a part of the ever-growing FDX ecosystem. Not only will Everlink play an integral role in the FDX Canada working group, but we also look forward to their contribution to our global consortium of members,” said Don Cardinal, Managing Director of the Financial Data Exchange.

About Everlink Payments Services Inc.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. In addition to supplying best‐in-breed technology infrastructure and payment network connectivity, we offer a comprehensive range of integrated payments Lines of Business including: Payment Network Gateway, ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions.

About FDX:

The Financial Data Exchange (FDX) is a non-profit organization that is dedicated to unifying the financial industry around a common, interoperable and royalty-free standard for the secure access of user permissioned financial data, aptly named the FDX API. FDX has an international membership that includes financial institutions, financial data aggregators, FinTechs, payment networks, consumer groups, financial industry groups and utilities and other permissioned parties in the user permissioned financial data ecosystem. FDX exists chiefly to promote, enhance and seek broad adoption of the FDX API technical standard and is dedicated to five core principles of user permissioned data sharing: Control, Access, Transparency, Traceability and Security. FDX exists as an independent subsidiary under the umbrella of the Financial Services Information Sharing and Analysis Center (FS-ISAC), whose mission is to ensure resilience and continuity of the global financial services infrastructure.

For more information please visit: www.financialdataexchange.org

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