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Company Earthport PLC
TIDM EPO
Headline

Agreement with BB&T

Released 07:00 17-Jan-2013
Number 7345V07

RNS Number : 7345V
Earthport PLC
17 January 2013
 



 

 

Earthport Signs BB&T Corporation as New Bank Client for its Cross-Border Payments Service

 

London, UK, January 17, 2013 - Earthport, a leading provider of cross-border payment services, today announced an agreement with BB&T Corporation (NYSE: BBT), one of the largest financial services holding companies in the U.S.,  that will enable BB&T to expand its payments service. BB&T will integrate with the Earthport cross-border payments service to complement the bank's existing solutions for retail person-to-person payments, providing a transparent service in line with the requirements under Dodd Frank 1073 regulation.

 

For further information, please contact:

 

Earthport plc

Hank Uberoi / Asif Ali

 

020 7220 9700

Panmure Gordon

Katherine Roe / Victoria Boxall

 

020 7886 2500

Charles Stanley Securities

Mark Taylor / Paul Brotherhood

 

020 7149 6000

Newgate Threadneedle

Caroline Evans-Jones / Josh Royston / Fiona Conroy

 

020 7653 9850

 

About Earthport

 

Earthport plc, a regulated global financial services organisation, specialises 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 customers include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses.  Through Earthport's well established payments infrastructure, customers 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 authorised 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.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Agreement with BB&T - RNS