Exela Technologies Adds ClearBank to its XBP™ Platform

September 8, 2022

https://www.globenewswire.com/news-release/2022/09/08/2512509/0/en/Exela-Technologies-Adds-ClearBank-to-its-XBP-Platform.html

LONDON, Sept. 08, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA, XELAP) today announced a new customer, ClearBank, an enabler of secure accounts, real-time clearing and embedded banking for financial institutions. Exela will provide its XBP™ platform and processing services, enabling connectivity to Pay.UK’s interbank Image Clearing System (ICS). XBP is the largest revenue generator in the ITPS line of business, which generated $874.2 million in FY 2021.

Read more at globenewswire.com

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