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Banking industry veteran appointed to Earthport board

Wed, 17th Feb 2016 08:53

(ShareCast News) - Earthport gained a veteran of the US banking industry on Wednesday, announcing the appointment of John McCoy to its board as a non-executive director.The AIM-traded payment network for cross-border payments said McCoy's experience was vast, having retired as chairman and chief executive of Bank One Corporation in 1999. He had been CEO there since 1984.Bank One was the fourth-largest bank in the United States at the time. In 2004, Bank One merged with JPMorgan Chase, creating the country's largest bank.While at Bank One, McCoy was a member of the US Federal Advisory Council and on the board of the Bankers Roundtable."I am delighted to welcome John McCoy as a member of our board of directors," said Earthport chairman Phil Hickman."John brings a wealth of experience to Earthport, as his outstanding career in banking, technology and private equity has helped numerous companies to grow and prosper. I am confident that John's strategic oversight will materially contribute to our success," he added.McCoy was currently a director of American telecommunications giant AT&T, Onex Corporation, the PGA Tour Policy Board, and sat on the advisory boards of Second Curve Capital and FTV Capital.He was also a former member of the board of trustees at Williams College and Stanford University, and a past chairman of the board of trustees at Kenyon Colllege. McCoy was a member of the board of directors, as well as a former board chair at Battelle Memorial Institute."Earthport's global payment network has the potential to transform the way in which cross-border payments are conducted across the globe, greatly improving efficiencies and reducing costs," said McCoy on his appointment."I am therefore very pleased to be joining the Board of this exciting growth company."
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22 Oct 2018 10:18

Earthport Appoints Sabharwal Interim Chair As Hickman, Uberoi Retire

LONDON (Alliance News) - International payment processing firm Earthport PLC said Monday it appointed Non-Executive Director Sunil Sabharwal as its interim chairman as its current chair retires -

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25 Jul 2018 12:28

Earthport losses widen in 'challenging' year

(Sharecast News) - Cross-border payment network Earthport issued an unaudited trading update for the fiscal year ended 30 June on Wednesday, reporting a 5.3% improvement in revenue to £31.9m.

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25 Jul 2018 11:53

Earthport Appoints New Chief Financial Officer As Annual Revenue Rises

LONDON (Alliance News) - Cross-border payments network provider Earthport PLC said on Wednesday in for its recently ended financial year its loss widened in spite of revenue growth.In the

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24 May 2018 15:33

Earthport Hires Microsoft, Misys And Logica Executive As New CEO

LONDON (Alliance News) - Cross-border payments provider Earthport PLC said on Thursday it has appointed Amanda Mesler as chief executive officer with effect on July 1.She will replace Hank

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22 May 2018 17:15

DIRECTOR DEALINGS: Earthport Executive Chairman Buys Shares

LONDON (Alliance News) - Earthport PLC said that Executive Chairman Hank Uberoi purchased 250,000 shares on Monday at a price of 9.1 pence per share.Following this transaction, Uberoi now a

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27 Mar 2018 13:22

Earthport Interim Loss Widens But Maintains Full-Year Expectations

LONDON (Alliance News) - Earthport PLC said on Tuesday its interim loss widened as it encountered "clear challenges" though it remains confident in meeting for the a

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20 Mar 2018 12:21

Earthport Expands Services Partnership With Japan Post Bank

LONDON (Alliance News) - Cross-border payment services provider Earthport PLC said on Monday it has enlarged its partnership with Japan Post Bank regarding the delivery of a a

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31 Jan 2017 08:16

Earthport revenue increases as cross-border transactions surge

(ShareCast News) - Cross-border payment provider Earthport expects to report an increase in revenue supported by a rise in the number of transactions and payment volumes for the first half of the year. During the six months ended 31 December 2016, the company strengthened its relationship with with

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12 Dec 2016 07:58

Earthport expands cross-border payments service with BofAML

(ShareCast News) - Bank of America Merrill Lynch's clients will now be able to access cross currency payments in over 60 countries and nearly 25 currencies after it expanded its service with AIM-listed Earthport. Cross-border payments company Earthport's service will add new countries and currencies

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21 Nov 2016 09:31

Payment Network Earthport Signs Agreement With India's Axis Bank

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21 Nov 2016 07:51

Earthport expands cross-border payments in India

(ShareCast News) - Axis Bank has become the first Indian bank to use Earthport's, cross-border payments service, following approval from the country's central bank. India's third largest private bank will allow its clients to make outbound cross-border payments through the AIM-listed company's netwo

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3 Nov 2016 12:20

Earthport wins cross-border payments approval from Reserve Bank of India

(ShareCast News) - AIM-listed Earthport has received approval from the Reserve Bank of India for operating cross-border payment services for banks as it expands in the country. Earthport could already make inbound payments into India for its overseas clients, and now with the central bank's approval

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26 Oct 2016 08:59

Earthport's revenue rises as European, North American transactions grow

(ShareCast News) - Cross-border payment network Earthport's revenue increased as investments during the year helped improve transaction flows in European and North American banks. Revenue climbed 18% for the year ended 30 June, to £22.8m, compared to last year, while transactional revenues comprised

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26 Oct 2016 08:17

Earthport Aims For Positive Cashflow After Year Of Slow Growth

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19 Oct 2016 15:07

UK Earnings, Trading Statements Calendar - Next 7 Days

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