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Earthport goes live with Italbank

1st May 2012 08:58

RNS Number : 4458C
Earthport PLC
01 May 2012
 



1 May 2012

Earthport plc

("Earthport" or "Company)

Earthport goes live with Italbank

Earthport, the global payments provider, announces that it has gone live Italbank International, Inc. ("Italbank"), a bank based in Puerto Rico, to offer enhanced cross-border payment services to its customers. Through the service, Italbank will be able to automate and enhance its cross border payments services.

Amongst other services, Italbank facilitates pension payments to European individuals who have settled overseas. Earthport will facilitate making these payments.

Hank Uberoi, Executive Director, Earthport said:

"Financial and regulated institutions are a key target sector for Earthport. We are pleased to be able to announce this go live with Italbank."

- Ends -

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 global financial services organisation, is a market leader in the provision of white-label cross border payment services. Through its international platform, Earthport provides low cost, secure, high volume global payment capabilities in 200 countries worldwide.

 

The company has been making national and international payments and collections since 1998, and is regulated through its UK Financial Services Authority (FSA) status and SWIFT membership. Providing a transparent and reliable service, partners include some of the largest financial institutions and corporations in the world.

 

Earthport operates worldwide and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.

 

About Italbank International

Italbank International, Inc. is an American bank that caters to the Latin American market providing first class banking services to clients around that region who need access to an international banking platform. On line cash management, debit / credit cards and trade finance are among its services.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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