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Earthport brings Swiss banks Swift cross-border payments

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Earthport, a cross-border payments service provider, has been appointed by Swiss Euro Clearing Bank (SECB), a clearing hub for Swiss banks, to provide Swift processing services.

Payments round-up: 3 August 2017

Mobile payment

Take the pain out of paytech with this brief round-up. Features Seven Bank, BDO Unibank, Earthport, Kotak Mahindra Bank, Payconiq and Digicash Payments. Japan-based Seven Bank has unveiled an international money transfer service app to the Philippines with BDO Unibank. Seven Bank has already been providing a service through ATMs and the internet, but this […]

Earthport revenue and payment volume power up

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Earthport, a cross-border payments service provider, has reported a massive rise in its number of transactions and payment volume for the six-month period ended 31 December 2016. The number of transactions reached five million, a growth of about 85% over the prior year period. Payment volume increased by 97% to $7.80 billion and revenue per […]

Earthport revenue and payment volume take off

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Earthport, a cross-border payments service provider, has revealed its revenues increased 18% to £22.8 million for the full year (FY) 2016 – powered by the rise in payment volume and transaction numbers. For the year ended 30 June 2016, it says payment volume increased to more than $11 billion, a 64% increase prior to the […]

Earthport teams with Aftab Currency Exchange Limited for payments growth

Earthport partners with Commercial Bank of Ceylon for remittances

Earthport, a cross-border payments service provider, is partnering with Aftab Currency Exchange Limited (ACEL) for payments growth. ACEL wants to expand its bank-to-bank capability and will initially use Earthport’s capabilities to “strengthen” its EU offering with a view to further expansion globally over the coming months. Aftab Ashraf, founder director, ACEL, says Earthport brings it […]

Earthport gains foothold in Sri Lanka via Commercial Bank of Ceylon

Earthport partners with Commercial Bank of Ceylon for remittances

Earthport, a cross-border payments service provider, has inked a deal with Commercial Bank of Ceylon to provide local payment capability into Sri Lanka. The deal is part of Earthport’s Asian expansion strategy, with similar money transfer partnerships already secured in Pakistan and India. Sajeev Viswanathan, president, global strategy at Earthport, says the tie-up with Commercial […]

Earthport and Ria Money Transfer join forces for remittances

Earthport, a UK-based cross-border payment network, and Ria Money Transfer, the world’s third largest money transfer company, have teamed up. Earthport will provide Ria with access to a global payment network. “Through a single, managed relationship with Earthport, Ria will gain access to over 60 domestic clearing schemes,” Earthport states. The solution “enables complete transparency”, […]

Earthport launches distributed ledger hub via Ripple

Earthport's distributed ledger hub targets cross-border payments

Cross-border payments and ACH operator Earthport has launched a distributed ledger hub, which it says will help banks to make cross-border payments cheaper and more efficient.

Chips off the old blockchain

technology

The distributed ledger is one of the hottest topics in financial services. Born out of the crypto-currency bitcoin, the blockchain concept has gone mainstream and the first area to feel the impact is likely to be payments.

Earthport opens low-value payment route to China

Uberoi: able to reach 80% of Chinese accounts

Cross-border low-value payments service provider Earthport, has opened a new payment route into China to support trade payments into the region.

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