The rise of globalisation, international trade and ecommerce has resulted in a dramatic increase in cross-border payments. However the legacy correspondent banking system for enabling these payments is outdated and unreliable. Earthport is a disruptive player in this multibillion dollar industry backed by a range of blue-chip partners including BoAML, HSBC, Standard Chartered, Western Union and IFC (part of the World Bank Group). The group has seen strong traction in all metrics to date and we b ....
28 Apr 2016
Solving a $9.3bn+ problem
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Solving a $9.3bn+ problem
Earthport (EPO:LON) | 0 0 0.4% | Mkt Cap: 72.6m
- Published:
28 Apr 2016 -
Author:
Oliver Knott -
Pages:
33
The rise of globalisation, international trade and ecommerce has resulted in a dramatic increase in cross-border payments. However the legacy correspondent banking system for enabling these payments is outdated and unreliable. Earthport is a disruptive player in this multibillion dollar industry backed by a range of blue-chip partners including BoAML, HSBC, Standard Chartered, Western Union and IFC (part of the World Bank Group). The group has seen strong traction in all metrics to date and we b ....