2 May 2012 11:00
2 May 2012
Earthport plc
("Earthport" or "Company)
Earthport partners with Fiserv, Inc.
Earthport, the global payments provider, announces it has partnered with Fiserv, Inc. ("Fiserv"), a leading global provider of financial services technology solutions, to provide a solution for international payments. This partnership will enable Fiserv clients seamlessly to process low value, cross-border payments through Fiserv's PEP+ application. PEP+ is Fiserv's leading domestic ACH processing solution and the partnership with Earthport will expand its reach globally.
Rahul Gupta, president, Digital Payments Solutions Group, Fiserv, said:
"PEP+ is the leading domestic ACH processor and now, with the integration with Earthport, we will expand that reach globally. The commitment that we have always shown to payments within the U.S. will now expand to cross-border ACH payments - a capability our customers have requested."
Hank Uberoi, Executive Director, Earthport said:
"This partnership represents a significant step in Earthport's development. It augments Fiserv's leading domestic service with an international capability."
For further information, please contact:
Earthport plcHank Uberoi / Zafar Karim | 020 7220 9700 |
FTI Consulting Jonathon Brill / Alex Beagley | 020 7831 3113 |
Panmure GordonKatherine Roe / Brett Jacobs | 020 7459 3600 |
Charles Stanley SecuritiesMark Taylor / Paul Brotherhood / Darren Vickers | 020 7149 6000 |
About Earthport
Earthport plc, a regulated global financial services organisation, specializes in the provision of a white label cross-border payments service.
Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in over 50 countries.
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 authorized and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry. Fiserv is driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. For more information, visit www.fiserv.com.