22nd May 2014 09:19
LONDON (Alliance News) - Earthport PLC Thursday said it has signed an agreement with US financial services and investment manager State Street Corp, as the the AIM-listed cross-border payments company continues to add to its growing list of contract wins in recent months.
In a statement, Earthport said the contract was signed in conjunction with partner Fiserv Inc, which provides information management and electronic commerce systems for the financial services industry.
The partners will provide cross-border payments processing on their fully integrated platform.
Led by Chief Executive Hank Uberoi, Earthport has in recent months won contracts with Bank of America Merrill Lynch, HSBC Holdings PLC and money-transfer business WorldRemit.
Earthport shares were Thursday quoted at 45.91 pence, up 4.3%.
By Samuel Agini; [email protected]; @samuelagini
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