clearn.png
Saturday September 25th, 2021 9:06PM

EVO Payments and Bci Announce Regulatory Approval to Commence Operations in Chile

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Jun 2, 2021--

EVO Payments, Inc. (NASDAQ: EVOP) (“EVO”), a leading global provider of payment technology integrations and acquiring solutions, today announced that its joint venture with Banco de Crédito e Inversiones (“Bci”), the third largest private bank in Chile, has begun operations in Chile after securing approval from the Comisién Para el Mercado Financiero (“CMF”).

The joint venture, which was formed in 2020, will go to market under the name Bci Pagos. With the sales and marketing campaign now underway, the joint venture will leverage Bci’s branch network and existing customer relationships and EVO’s payments expertise to build market share in Chile.

“We are very pleased to announce that we are now fully operational in Chile,” said James G. Kelly, CEO, EVO. “With Bci’s exceptional reputation and deep customer base our joint venture is well positioned to launch in the Chilean market and provide innovative global payments solutions.”

Eugenio Von Chrismar Carvajal, CEO, Bci, added, “As a result of today’s announcement, we can officially begin offering EVO’s global products and technology solutions to our extensive customers across Chile. We are excited to work with EVO to enhance our customer relationships and further expand card acceptance in the market.”

For additional materials, including information on Bci, the Chilean market, and merchant acquiring research statistics, please visit .

This release contains statements about future events and expectations that constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to, the risks, uncertainties and important factors contained and identified (including under the heading "Risk Factors") in EVO’s filings with the Securities and Exchange Commission, any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof and, except for EVO’s ongoing obligations under applicable securities laws, EVO undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the international markets it serves.

Banco de Crédito e Inversiones (SSE: Bci) is Chile’s third-largest private bank. Founded more than 80 years ago, it has more than 356 banking centers throughout Chile and more than 10,500 employees. It has operations in Miami and representative offices in Mexico, Lima, Sao Paulo, Bogota and Shanghai. In the US, Bci owns and operates the Bci Miami branch, Bci Securities and City National Bank, which was acquired in 2015, making Bci the first Chilean financial institution to own a bank in the United States.

Bci is recognized by its peers because of its high corporate governance standards, transparency and financial strength. Throughout the past 6 consecutive years, Bci has been awarded by World Finance Banking as the “Best Banking Corporation” and “Best Private Bank”, as well as garnered first place on the “Chilean Customer Satisfaction Index”. Bci has also been recognized in the 4th place in the “Best Place to Work” Ranking in Chile in 2017 and also “Best Corporate Reputation in Chile” by Merco, among other recognitions related with Corporate Governance, Corporate Social Responsibility and Financial Inclusion.

View source version on businesswire.com:

CONTACT: Sarah Jane Schneider

Investor Relations & Corporate Communications Manager

[email protected]

770-709-7365

KEYWORD: CHILE UNITED STATES SOUTH AMERICA NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT SECURITY TECHNOLOGY FINANCE BANKING

SOURCE: EVO Payments

Copyright Business Wire 2021.

PUB: 06/02/2021 06:16 PM/DISC: 06/02/2021 06:17 PM

http://www.businesswire.com/news/home/20210602006090/en

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News, AP Business Wire - Georgia, AP Business - Industries, AP Business - Financial Services
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Biden, GOP senator to talk again on infrastructure deadline
President Joe Biden met for nearly an hour with the top Republican negotiator on infrastructure, Sen. Shelley Moore Capito
6:00PM ( 22 minutes ago )
Practice makes perfect: Serena's serve leads to win in Paris
Serena Williams had her serve back in good working order and that helped her get back to the third round of the French Open
5:58PM ( 24 minutes ago )
By the numbers: LeBron James in a most unusual position
LeBron James has entered uncharted waters
5:55PM ( 26 minutes ago )
Associated Press (AP)
California urges EPA to let state set car-emissions standard
Officials from California, New York and other states want the Environmental Protection Agency to allow California to set its own automobile tailpipe pollution standards
5:28PM ( 54 minutes ago )
Lebanese leaders exchange barbs as country sinks into crisis
Lebanon’s president and prime minister-designate have traded barbs, accusing one another of obstruction, negligence and insolence
5:06PM ( 1 hour ago )
Stocks manage modest gains overall; AMC nearly doubles
Stocks managed to end with modest gains on Wall Street after a day of wavering back and forth
5:02PM ( 1 hour ago )
AP Business
Biden, GOP senator meet as infrastructure deadline looms
President Joe Biden is meeting with the top Republican negotiator on infrastructure, Sen. Shelley Moore Capito
3:12PM ( 3 hours ago )
Ally Bank ends all overdraft fees, first large bank to do so
Ally Financial is ending overdraft fees entirely on all of its bank products, the company said Wednesday, becoming the first large bank to end overdraft fees across its entire business
2:32PM ( 3 hours ago )
Harvard researchers recommend Census not use privacy tool
A group of Harvard researchers has come out against the U.S. Census Bureau's use of a controversial privacy method on the numbers used for redrawing congressional and legislative districts
1:47PM ( 4 hours ago )
AP Business - Corporate News
Reggie Bush among 1st-timers up for College Hall of Fame
Former Southern California star Reggie Bush, who had his Heisman Trophy victory in 2005 vacated for committing NCAA violations, is among the players making their first appearance on the College Football Hall of Fame ballot
12:50PM ( 5 hours ago )
Nationals overcome Strasburg's early exit, beat Braves 11-6
Ryan Zimmerman and Juan Soto each hit a two-run homer and the Washington Nationals overcame Stephen Strasburg’s early exit to beat the Atlanta Braves 11-6
12:41AM ( 17 hours ago )
Mike Marshall, 1st reliever to win Cy Young, dies at 78
Mike Marshall, who became the first reliever to win the Cy Young Award when he set a major league record by pitching 106 games in a season for the Los Angeles Dodgers, has died
10:03PM ( 20 hours ago )
AP Online - Georgia News
AP Business Wire - Georgia
US stocks turn choppy on Wall Street; AMC soars again
Stocks wavered between small gains and losses Wednesday as gains in technology companies were kept in check by losses in industrial companies and other sectors
2:38PM ( 3 hours ago )
Federal Reserve survey sees economy growing at faster pace
The Federal Reserve is reporting that that the U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers
2:30PM ( 3 hours ago )
Volkswagen tests electric cars, transit apps on Greek island
German carmaker Volkswagen has launched a five-year project on the small Greek island of Astypalea to test the adoption of electric vehicles in areas switching to sustainable energy generation
1:19PM ( 5 hours ago )
AP Business - Industries
Asian shares mixed after lackluster day on Wall Street
Asian shares are mixed after Wall Street reopened from the Memorial Day holiday on a lackluster note
3:04AM ( 15 hours ago )
With AMC shares up 1,100% in 2021, company sells shares
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has sent its stock price up more than 1,100% this year
9:55AM ( 1 day ago )
Big box office numbers and diamond hands, AMC sells shares
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has sent its stock price up more than 1,100% this year
9:24AM ( 1 day ago )
AP Business - Financial Services
Biden, GOP senator to talk again on infrastructure deadline
President Joe Biden met for nearly an hour with the top Republican negotiator on infrastructure, Sen. Shelley Moore Capito
6:00PM ( 22 minutes ago )
Practice makes perfect: Serena's serve leads to win in Paris
Serena Williams had her serve back in good working order and that helped her get back to the third round of the French Open
5:58PM ( 24 minutes ago )
By the numbers: LeBron James in a most unusual position
LeBron James has entered uncharted waters
5:55PM ( 27 minutes ago )
The Latest: Medvedev tops Paul to make 3rd Rd debut in Paris
Daniil Medvedev is no longer a pushover at the French Open
5:52PM ( 30 minutes ago )
California firefighters had job dispute before fatal attack
A Los Angeles County firefighter appeared to have a longstanding job-related dispute with the co-worker he shot and killed at their small fire station this week
5:48PM ( 34 minutes ago )