27 Oct 2014 07:00
27 October 2014
Earthport plc
("Earthport" or the "Company")
Contract with United Nations Federal Credit Union ("UNFCU")
Earthport (AIM: EPO), the global payments company, today announces it has signed a contract with the United Nations Federal Credit Union ("UNFCU"). The agreement is in implementation phase and the service is expected to go-live by the end of the year.
Hank Uberoi, CEO of Earthport plc, commented: "We are very pleased to have signed a contract with the United Nations Federal Credit Union. UNFCU offers a broad array of flexible and tailored products, financial solutions and consultative services to help address the unique needs of the UN community globally. The Earthport service will be implemented to enhance UNFCU's ability to conduct international payments across a range of products with even greater efficiency, security, transparency and timing."
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 / Duncan Monteith / Maisie Atkinson
| 020 7886 2500 |
Newgate Threadneedle John Coles / Jasper Randall / Tim Thompson
| 020 7653 9850 |
About Earthport
Earthport plc is a regulated financial services organisation and one of the largest open networks 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 banks, e-commerce providers, money transfer companies and payment administrators.
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.
About United Nations Federal Credit Union ("UNFCU")
Chartered in 1947, UNFCU has $4 billion in assets and is a not for profit, cooperative financial institution owned and run by its members who are the United Nations community around the world UNFCU has more than 107,000 members residing in more than 200 countries and territories spanning six continents; 64% of its members are located outside the United States. UNFCU has representative offices in Geneva, Switzerland; Vienna, Austria; Rome, Italy; Nairobi, Kenya; an office in Washington, D.C., as well as branches and its headquarters in New York, U.S. For more information, visit www.unfcu.org.