Earthport, the unique alternative to the outdated correspondent banking model for cross border payments, has released a trading update for the six months to December 2015. Group revenue increased 18% compared to H1’15 to over £10.5m, while gross margins remained strong at c.75%. This was achieved despite the group reducing some non- core activities in the period. Transaction volumes on the platform increased over 70% on H1’15, with transaction value up over 60%, resulting in the value of payment ....