Earthport plc Announces New Business Win

Earthport plc announced a guaranteed contract with an international bank to offer enhanced cross-border payment services to its customers. This contract will see Earthport automating payments, as well as providing enhanced cross-border remittance services to the bank's customers. The bank facilitates pension payments to European individuals who have settled overseas. In addition to streamlining existing pension services, the bank will also be leveraging Earthport's unique international money movement platform to provide low cost and secure cross-border remittance services to its customers wanting to make person to person payments.