Cross-border payments firm Earthport has signed an agreement with money transfer company Aftab Currency Exchange Limited (ACEL).
The partnership will allow UK-based ACEL to expand its bank-to-bank capability and use Earthport’s capabilities to strengthen its EU offering with a view to expanding internationally in the coming months. Earthport’s network offers clients access to a number of payment methods in more than 60 countries.
Aftab Ashraf, founder and director of ACEL, commented: “We constantly work to improve and expand our money transfer services around the world. Earthport brings us one connection point to the largest network for global bank payments, with integrated, sophisticated, validation and compliance services.”
Hank Uberoi, CEO at Earthport, added: “Earthport’s service is uniquely positioned to enable secure and compliant global bank payment offerings and we are delighted that ACEL has chosen us to strengthen its bank transfer services.”
Latest News
-
Sabadell board urges shareholders to reject BBVA’s €15bn hostile bid as 'too low'
-
Bank of England seeks industry players to join UK Payment Infrastructure Board
-
Starling’s SaaS arm appoints new hire to lead US growth
-
BBVA signs crypto-asset trading tech deal with Ripple
-
Citi and US Bank first to try out Mastercard’s Agent Pay
-
Alipay launches agentic AI payment service
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories