alliance with BancNet for ATM transactions, and links up with Visa's Plus and Mastercard's Cirrus networks through Equitable Bank for international transactions. 1996 MegaLink hosted the 1st Philippine Electronic Banking Conference and Exhibition attended by over 300 participants from the industry. 1997 MegaLink interconnected with Expressnet for ATM transactions. 1998 MegaLink activated the Automated Reconciliation and Settlement System as well as MIS with Transaction Query system to its members. 2000 MegaLink successfully migrated through Y2K. 2002 MegaLink launched the Exposure Limit Management System (MELMS) to manage inter-bank settlement risks. 2003 MegaLink launched Electronic Settlement with Bangko Sentral ng Pilipinas and becomes the first non-bank to participate in BSP's PhilPass. MegaLink also established its Disaster Recovery Site. 2004 Mobile Banking Service via Smart Communications, MegaLink Internet Payment Service via Union Bank of the Philippines's the PORT as well as Interbank Funds Transfer (IBFT)service were launched. 2005 MegaLink is the first to implement full ATM switch outsourcing in the country with iBank as its pilot bank. Debit Bills Payment via Smart mobile phones becomes available. 2006 ATM Industry Association (ATMIA) signs up MegaLink as founding member in the Philippines counting the Philippines as its 50th member country. 2007 MegaLink opens its membership to non-banks and accepts ENCASH Network Services ENS (The Philippines' first independent ATM deployer) and MASS-SPECC Cooperative Development Center (The Philippines' oldest cooperative federation. MegaLink partners with MediLink, the first and only electronic claims network serving the Philippine healthcare industry, to allow MegaLink cardholders to pay for medical services in accredited hospitals and clinics. 2008 MegaLink was admitted to the Asian Payment Network (APN), which counts ATM networks in Singapore, Malaysia, Thailand and Indonesia as members. This membership paves the way for interconnection of ATM networks between member countries. 2009 MegaLink hosted the 5th Asian Payment Network (APN) Forum attended by APN members from Indonesia (ARTAJASA, ALTO, RINTIS), Malaysia (MEPS), Thailand (ITMX) and Singapore (NETS). ATM networks from Korea (KFTC) and the Philippines (BancNet and Expressnet), non-members of APN, were invited to attend as observers. MegaLink also launched batch-to-online IBFT service. 2010 MegaLink launched Load Fulfillment, Internet banking and Cross Border acquiring service (Mastercard and JCB). MegaLink interconnected with BancNet and Expressnet for POS transactions. 2011 MegaLink interconnected with Korea Financial Telecommunications and Clearings Institute (KFTC) in South Korea for Cross Border ATM and POS transactions. 2012 MegaLink launched its own Internet Payment Gateway service and implemented a Telco agnostic