Digital Platforms : Collaboration revolutionising cross-border payments Hank Uberoi 16 November 2017
Challenges of Cross- Border Payment 2
Need for Change Transparency Efficiency Diversity 3
Earthport Collaboration with Banks Efficiency Transparency Innovation 4
What makes Earthport Unique? UK FCA regulated FI Superior compliance Largest global ACH network Largest Account Validation Infrastructure Flexible connection Global Settlement FX Management No credit risk 5
Growing Global Payments Network with the largest ACH network Americas Other Europe Canada USA Argentina* Peru* Bahamas** Jamaica** Barbados** Trinidad & Brazil Tobago** Chile* Uruguay* Colombia* Dominican Republic* Asia Pacific Australia** Bangladesh* China (2B)* Hong Kong India Indonesia Macau** New Zealand Pakistan Philippines Singapore Sri Lanka Thailand Vietnam UAE* Eurozone Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Other Europe Albania Bosnia-Herz. Bulgaria Czech Rep. Croatia Denmark Gibraltar Hungary Iceland ** Israel Lithuania Luxembourg Malta Monaco Netherlands Portugal San Marino Slovakia Slovenia Spain Liechtenstein Norway Poland Romania Russia Sweden Switzerland Turkey United Kingdom 200+ countries & territories 65+ countries via local ACH ME/Africa Cameroon* Gabon* Central African Republic* Chad* Congo* Equatorial Guinea* Senegal* Cote d Ivoire* Mali* Benin* Burkina Faso* Guinea-Bissau* Niger* Togo* Egypt Mauritius** Morocco South Africa* Zambia** Ghana* Nigeria Kenya* Uganda* Tanzania* As of August 2017 * Coming soon ** Restrictions please contact your account manager 6
A Proven Cross-Border Payments Solution for Businesses Integrating our clients & the payments ecosystem Serving 6 of the top 10 global banks, most major MTOs, and key ecommerce companies Banks ecommerce & Established MTOs Emerging MTOs Other Aggregators 7
Asia/India Market Strategy RBI approval Axis Bank Kotak Mahindra Bank Engaged with leading Indian banks Established Asian banking clients (Japan Post Bank, DBS) 8
Earthport Product Roadmap 2017 2018 2019 2020 2021 65 to 80 ACH countries by year end Faster Payments launch Distributed Ledger Ripple partnership launch Delivery to all end points: m-wallet, e-wallet, cards Receivables product global roll out 9
Earthport Plc London 140 Aldersgate Street London, EC1A 4HY United Kingdom +44 (0)20 7220 9700 New York One Grand Central Place, Suite 1111 60 East 42nd Street, New York City, NY 10165, USA +1 212 220 2669 Thank you Dubai Office no: 207, EIB 01, Dubai Islamic Bank Building, near HSBC,Dubai Internet City Dubai-UAE Singapore 229 Mountbatten Road, #02-41 Mountbatten Square, Singapore 398007 +65 6232 2058 Miami 78 SW 7th Street, Suite 7-149 Miami, FL, 33130, USA +65 6232 2058 earthport.com
Appendix
Efficient approach to managing global payments No intermediaries, no deductions, no lost tracking, no errors Faster, Lower Cost, Easy Tracking Traditional Model Corresponding banking relationship Frequent delays/long delivery time Error prone with high return rates Multiple deductions/high cost No trackability Earthport Model A single relationship for managing payments globally No payment failures No delays/faster delivery Visibility into payment status No beneficiary deductions 12
The Earthport model is a hub that efficiently connects participants and processes payments 24/7 Segregated Accounts NOK EUR GBP Consumer Corporate client Online Branch Phone Earthport s Customer Payment Instruction Payment Confirmation PLN EUR INR PLN PHP GBP Earthport Bank Partner ACH ACH Beneficiary s Bank USD TRY SGD Earthport Bank Partner Beneficiary s Bank Multi-currency settlement No FX FX Process A single technical integration, flexible funding and FX options, message validation and enrichment, local payment capability and an expanding suite of settlement methods 13
Earthport s Unique Service Offering Payments Expertise Network Management Compliance Technology FX & Treasury Services Access to deep expertise on local payment infrastructure and regulation in 60+ markets Advisory services for market entry and new product development Expert project management support during implementation Largest ACH network in the world Relationship management of interritory banking services across 60+ countries Ongoing regulatory reviews Resilience - planning and testing Continuous service optimisation UK FCA Fully Regulated (Authorized Payment Institution) Segregated account structure to safeguard client funds Fully compliant services using cutting edge technics: AML, sanctions screening, CDD/KYC Accredited security controls Elimination of redundant capital investments by clients Flexible options for connectivity including SWIFT, API and file-based solutions Validation and message transformation capability to manage legacy, emerging, and proprietary message formats Broad currency offering to support major and minor currency requirements Flexible funding options and liquidity management services New revenue opportunities from FX 14
Major Investors 15