Because there’s a better way. © 2012 Earthport Plc. All Rights Reserved. Dodd-Frank 1073: key insights

Because there’s a better way. 2 © 2012 Earthport Plc. All Rights Reserved. Hybrid closed loop model for Global ACH Segregated Accounts Payment Instructions Funding in USD FI: EUR UK: GBP SG: SGD US: USD PH: PHP AU: AUD JP: JPY ZA: ZAR US: USD US: SGD NO: NOK PL: PLN FX process Branch Phone Online Funding in SGD No FX process Channels 1. Pre-advice. 2. Fee disclosures. 3. FX rates. 4. Delivery dates. 5. Tax data.

Because there’s a better way. 3 © 2012 Earthport Plc. All Rights Reserved. What have we learned so far? For the Financial Services Industry Challenges 1.There is no panacea to 1073 but a range of different changes (closed; open loop; hybrid). 2.Some elements proving challenging (e.g. tax disclosures and liability / repudiation). 3.Significant distraction in times of tight resources / multiple conflicting priorities. 4.Unintended degradation of service to consumers. Opportunities 1.Driving innovation in payments: global low-value payments one of fastest growing segments. 2.Forcing new partnership and relationship models across payments ecosystem. 3.Increasingly being seen as a potentially significant incremental revenue creator. For the Financial Services Industry Challenges 1.There is no panacea to 1073 but a range of different changes (closed; open loop; hybrid). 2.Some elements proving challenging (e.g. tax disclosures and liability / repudiation). 3.Significant distraction in times of tight resources / multiple conflicting priorities. 4.Unintended degradation of service to consumers. Opportunities 1.Driving innovation in payments: global low-value payments one of fastest growing segments. 2.Forcing new partnership and relationship models across payments ecosystem. 3.Increasingly being seen as a potentially significant incremental revenue creator. For Earthport and our Customers 1.Most DFS1073 requirements similar to those laid-down in the 2009 European Payments Services Directive. 2.Core Earthport capability and further strengthening our functionality to meet DFS Complex multi-stakeholder projects for our clients with constrained resources. 4.Seeing different market approaches (compliant by January 2013 deadline; on-going optimisation with global ACH). 5.Judge that DFS1073 is likely to be the catalyst for greater transparency in global B2B payments over the coming years. 6.Repurpose DFS1073 from a threat to an opportunity. For Earthport and our Customers 1.Most DFS1073 requirements similar to those laid-down in the 2009 European Payments Services Directive. 2.Core Earthport capability and further strengthening our functionality to meet DFS Complex multi-stakeholder projects for our clients with constrained resources. 4.Seeing different market approaches (compliant by January 2013 deadline; on-going optimisation with global ACH). 5.Judge that DFS1073 is likely to be the catalyst for greater transparency in global B2B payments over the coming years. 6.Repurpose DFS1073 from a threat to an opportunity.

Because there’s a better way. 4 © 2012 Earthport Plc. All Rights Reserved. Impact of DFS1073 on a hybrid closed loop model * No payment system provides any inherent guarantee. Earthport’s Global ACH solution however provides the highest possible degrees of predictability.