21st Dec 2015 07:00
21 December 2015
Earthport plc
("Earthport", the "Company" or the "Group")
Citizens Financial Group Selects Earthport for Cross-Border Payment Services
Earthport (AIM: EPO.L), the leading payment network for cross border transactions, has been selected by Citizens Financial Group, Inc ("Citizens"), to provide cross-border payments services.
Citizens is the thirteenth largest bank in the United States and operates more than 1,200 branches across 11 states under the Citizens Bank brand. Earthport has been signed by Citizens to deliver a global payment solution for Citizens customer base, transforming the way in which its customers send payments cross-border.
Earthport customers - which now include Citizens Financial Group - access the worlds' largest global bank payments network via a single connection to deliver payments to any beneficiary, at any bank, anywhere in the world. As a highly regulated and globally compliant payment platform, Earthport's market leading suite of highly sophisticated and flexible API's enable real-time beneficiary account validation; FX and treasury management tools and reporting and analytics.
For further information, please contact:
Earthport plc Hank Uberoi, Chief Executive Officer Simon Adamiyatt, Chief Financial Officer
| 020 7220 9700 |
Panmure Gordon (UK) Limited Mark Taylor / Fred Walsh
| 020 7886 2500 |
Newgate Communications Tim Thompson / Bob Huxford / Helena Bogle | 020 7653 9850 |
About Earthport:
Earthport plc is a financial services organisation providing cross-border payments services to banks, e-commerce providers, money transfer companies and payment administrators. Earthport is headquartered in London with a regional office in New York.
One of the FinTech50 2015 - judged to be the game-changers transforming the future of finance - Earthport is also winner of the Grant Thornton Quoted Company Awards 2015 Technology company of the year award and FStech/Retail Systems' B2B Payments Innovation of the Year (2014).
Earthport provides the industry with the largest open network for global bank payments. Worldwide, over 50 banks are connected into Earthport's network for the efficient clearing of low value payments. With one connection to Earthport's network, clients benefit from sophisticated validation and compliance services, efficiently serving their customers with more innovative payment products.
Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. Find out more at www.earthport.com and on Twitter @Earthport, LinkedIn, Youtube, Slideshare and Google+.
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