July 28, 2017

Collabria partners with Central 1 to offer greater payment flexibility to cardholders and integration with MemberDirect

CALGARY, AB -- Collabria Financial Services Inc. (Collabria) announced today a new partnership with Central 1 Credit Union (Central 1) that will offer cardholders increased payment flexibility and integration with Central 1's Origination Solutions platform and online banking solution, MemberDirect.

The integration of the Collabria card program with MemberDirect will give cardholders a consolidated view of their credit card balances, transactions and spending analysis all within their online banking. Credit union members will have more options when making payments on their credit card accounts and easier ways to pay their balances.

"Collabria is excited to work with Central 1 to deliver this functionality to our credit union partners and their cardholders," said John Dundas, Collabria's CEO. "The alliance between the Collabria credit card platform, Central 1 and MemberDirect will provide cardholders with greater functionality and integration with their existing credit union online banking experience."

The integration with Central 1's Borrow Anywhere and Open Anywhere Origination Solutions will allow customers to apply for a credit card at a branch or online and make it easier for credit unions to acquire new members through their online channels. Advanced origination features on Central 1's platform include electronic signatures, document repository, compliance with the latest regulatory changes and more.

"Collabria is focused on providing credit card solutions that meet the needs of credit unions and Central 1 is focused on creating exceptional user experiences," said Oscar van der Meer, Central 1's chief digital and payment officer. "Our partnership helps Central 1 continue to power the digital transformation of credit unions across Canada."



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