7 Oct 2014 07:00
7 October 2014
Earthport plc
("Earthport" or the "Company")
Contract with Standard Chartered
Earthport (AIM: EPO), the global payments Company, is pleased to announce a contract with Standard Chartered plc (SEHK: 2888, NYSE: STAN, LSE:STAN). The agreement is subject to certain approvals and additional details will be announced in due course.
Hank Uberoi, Chief Executive Officer at Earthport plc, commented: "We are delighted that Standard Chartered has chosen to enhance their products by white-labelling the Earthport service. This collaboration will bring the benefits of our innovative, yet highly regulated, payments service to the bank's customers.
"Standard Chartered is one of the world's largest banks and importantly it is a market leader in the rapidly developing Asian and African markets."
For further information, please contact:
Earthport plc Hank Uberoi
| 020 7220 9700 |
Charles Stanley Securities Mark Taylor / Paul Brotherhood
| 020 7149 6000 |
Panmure Gordon Fred Walsh
| 020 7886 2500 |
Newgate Threadneedle Fiona Conroy / John Coles / Josh Royston / Jasper Randall
| 020 7653 9850 |
About Earthport
Earthport plc is a regulated financial services organization and the largest open network for global bank payments through its cross-border payments infrastructure. Through a single connection to Earthport's highly sophisticated payments network, customers can quickly and transparently deliver payments to over 190 countries and 65 low-value clearing systems around the world in a highly cost-effective and secure manner. Earthport's clients include some of the worlds largest banks; money transfer organisations; payment aggregators; e-commerce; and foreign exchange businesses.
The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us via RSS or on social channels, Twitter @Earthport, LinkedIn, Youtube and Slideshare.
Standard Chartered
We are a leading international banking group, with more than 86,000 employees and a 150-year history in some of the world's most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. Our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.
For more information please visit www.sc.com. Hear from Standard Chartered's experts and comment on our blog at ourviews.sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.