InfoLink Services Limited (‘ISL’) was incorporated on the 13th of September, 1994. A Joint Venture between the four Major Financial Institutions in Trinidad and Tobago, InfoLink was created initially to provide a local debit card switching infrastructure with the vision for providing further co-operative financial service initiatives in the future.
It was noted by the visionaries of InfoLink that “a shared financial infrastructure would not lessen or eliminate competition, rather it will create and make possible in the future, many new avenues for the provision of new services, improved customer service and reduced transaction processing costs”.
InfoLink under the LINX® brand switched its first transaction on September 4th, 1995. This transaction was an ATM-Sharing transaction. By November 1996, ISL was switching Debit Point-of-Sale (‘POS’) transactions also.
The following are some historic milestones in InfoLink’s corporate life.
• 1999, Preparations for the Year 2000 • 2004, The establishment of Trans Union Trinidad ( local credit bureau) • 2005, The establishment of Trinidad and Tobago Interbank Payments System (local ACH) • 2006, Commissioning of Warm Disaster Recovery Site • 2007, Introducing and mapping out an IT Governance plan to ensure International compliance • 2007, Eastern Credit Union joined LINX® as the first Licensee holder on the LINX® network • 2008, InfoLink was identified in the FIA2008 and falls under the purview of Central Bank of Trindad and Tobago • 2010, Bank of Baroda joined the LINX® network • 2012, JMMB Bank joined the LINX® network
Today InfoLink under the LINX® brand switches over 42 million transactions per year.
First Citizen Limited, RBC Royal Bank (Trinidad & Tobago) Limited, Republic Bank Limited, Scotiabank (Trinidad & Tobago) Limited
Eastern Credit Union, Bank of Baroda (Trinidad & Tobago) Limited, JMMB Bank Limited