CALGARY, Alberta– Collabria Financial, Canada’s largest B2B2C digital credit payments issuer, has renewed its long-time partnership with Co-op Solutions for Full-Service Credit processing, the company is reporting.
“It’s our promise to deliver flexible and reliable credit payments solutions that foster improved member experiences, translating into sustainable long-term value for our credit union partners,” said Jean-Marc Handfield, CEO, Collabria. “The continued partnership with Co-op equips Collabria to move forward with our relentless pursuit to support our partners in their evolution within the payments industry.”
‘Critical Payments Product’
According to Co-op, Handfield sees credit as a critical payments product for credit unions as they support the modern member journey. “Digital solutions that are flexible and trustworthy foster improved member experiences,” he said. “As our clients evolve their payments strategies to deepen active member engagement, we need to bring advanced processing power to the table. Co-op allows us to do just that.”
Collabria Financial was established in 2015 to deliver competitive and compelling credit programs to mid-sized banks and credit unions. Collabria combines flexibility for financial institutions with the scale and expertise needed to deliver an increasingly complex product in a highly competitive market, Co-op said.
‘Foundational to Strategy’
“Working alongside proven innovators within the international credit union movement is foundational to Co-op’s growth strategy,” said Co-op CEO Todd Clark. “Collabria’s history of transforming ideas into action has permeated the organization’s culture. Their dedication to providing solutions to marketplace needs is strongly aligned with Co-op’s philosophy, which makes for a great partnership.”
Co-op said its Full-Service Credit is a fully hosted and managed payments program that’s customized to credit union needs and optimized for operational simplicity.
For info: www.co-opfs.org/Solutions.’
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