10 Oct 2016 07:00
RNS Reach
10 October 2016
Earthport plc
("Earthport")
Earthport partners with DBS Bank
Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has partnered with DBS, a leading Asian bank, to provide cross-border payment capabilities across select markets.
Serving more than six million customers, DBS is a major Singaporean financial services group that has a strong presence in South East Asia, Greater China and South Asia, making it well positioned to capture opportunities across the region.
Earthport provides its clients access to fast, transparent, secure and cost effective payments globally, through a single contract, a single technical integration and a single service relationship.
For further information, please contact:
Earthportplc 020 7220 9700
Hank Uberoi, Chief Executive Officer
Simon Adamiyatt, Chief Financial Officer
Panmure Gordon (Nomad and Joint Broker) 020 7886 2500
Dominic Morley / Charles Leigh-Pemberton
Newgate Communications 020 7653 9848
Bob Huxford / Helena Bogle
About Earthport:
Earthport is a regulated cross-border payments company facilitating compliant bank-to-bank payments across 60 countries in more than 60 currencies through a global network of 'in-territory' bank partners. Earthport's innovative model provides access to a centralised global clearing 'hub' removing the complexity, cost and delays typically associated with managing global payments across many intermediaries. Through a single connection and a single service relationship, Earthport's clients can send payments directly to almost anywhere in the world more efficiently and transparently than ever before. Headquartered in London, Earthport is listed on the London Stock Exchange, regulated by the UK's Financial Conduct Authority and a member of SWIFT.