Cab Payments Share Discussion Threads

[hazl] 29/8/2024 07:17

I think this is a very interesting company and could do very well in this space.


An unusual one and whilst difficult to gauge, has been verified significantly by this collaboration, to me.

[francoismyname] 29/8/2024 07:13

Beautiful RNS.

Be a massive few days here.

4th Sept update and USA licence to follow soon after.

£2 plus beckons

[hazl] 29/8/2024 07:06

Neeraj Kapur, Chief Executive Officer of CAB, said: "This collaboration is hugely significant for our clients. Our combined capabilities and expertise mean we're able to reduce the cost and friction associated with moving money across hard-to-reach markets: getting more funds delivered more efficiently to those who need it the most".

[hazl] 29/8/2024 07:04

Rajiv Garodia, Head of Visa Government Solutions, said: "Visa's mission is to be the best way to pay and be paid - and that goes for everyone. It's as true for your everyday consumer card payment as it is for paying remittances to a family member abroad, or for an NGO sending humanitarian aid to someone in need. This collaboration with Crown Agents Bank is an important step towards us achieving that mission".

[hazl] 29/8/2024 07:03

I think it might have caught some people out.

Chuckle!

[hazl] 29/8/2024 06:45

Excellent.

[mirabeau] 29/8/2024 06:26

FB

You'll find the link at the bottom of the chart on this thread

[mirabeau] 29/8/2024 06:25

Crown Agents Bank to collaborate with Visa on FX and 'last mile' payments across emerging markets



· By combining Crown Agents Bank's (CAB) network and Visa Direct, the collaboration aims to enable CAB's clients to make cross-border payments quickly, efficiently and reliably.

· Last year, CAB facilitated £9.3bn of flows into lower income markets and £3.1bn of development aid flows.



CAB Payments, through its operating company, Crown Agents Bank (CAB), and Visa today announced a collaboration to enable fast, efficient and reliable payments and FX, especially across the 'last mile' - a term for the final and most complex stage in the payment process.



CAB is a UK-regulated bank specialising in FX and cross-border payments for hard-to-reach markets. Visa has historically used CAB to provide FX liquidity in the settlement of high value payments - such as bank-to-bank transfers, or payments between large institutions - in certain jurisdictions.



The newly announced collaboration will see CAB's network, which covers 100+ currencies across 700+ currency pairs, connect via API with Visa Direct, a payment capability that helps people and businesses send money to eligible cards, accounts and wallets around the world. This will enable CAB customers to move much lower value payments across emerging markets cost-effectively, and settle those payments directly into an eligible card, account or wallet of that customer's choosing.


For example, NGOs could more easily disburse funds and aid directly to recipients, remittance companies could more efficiently move money for their customers across hard-to-reach markets and businesses could reduce the cost of making smaller value payments to creators and freelancers. Making this type of low value payment across emerging markets has historically been challenging due to the additional costs incurred in jurisdictions regulators consider higher risk.



The integration will enable the streamlined handling of high volumes of small transactions across the Visa Direct network. Visa Direct provides reach to more than 8.5bn endpoints including accounts, digital wallets and eligible cards across more than 190 countries and territories.



Neeraj Kapur, Chief Executive Officer of CAB, said: "This collaboration is hugely significant for our clients. Our combined capabilities and expertise mean we're able to reduce the cost and friction associated with moving money across hard-to-reach markets: getting more funds delivered more efficiently to those who need it the most".



Rajiv Garodia, Head of Visa Government Solutions, said: "Visa's mission is to be the best way to pay and be paid - and that goes for everyone. It's as true for your everyday consumer card payment as it is for paying remittances to a family member abroad, or for an NGO sending humanitarian aid to someone in need. This collaboration with Crown Agents Bank is an important step towards us achieving that mission".



The full press release can be found on

[foreverbull] 29/8/2024 06:22

Would you mind posting any links?Thanks

[mirabeau] 29/8/2024 06:01

Visa tie-up

[francoismyname] 28/8/2024 22:07

T+5 traders buy in now in readiness for next Weds trading update.

Clear as day

[francoismyname] 27/8/2024 08:10

The IPO was at £3.35 and here we are languishing at £1.20. A fall of 64%.

Yes company has had some issues but there have also been some positives, especially the new European licence, the new CEO and the move to central London offices. We also are due news on the USA licence and we have direct news that we are working our strong balance sheet to our advantage. I also remind everyone we have no DEBT and we have diversified away from reliance on certain fx currencies to a more risk averse strategy.

All in all the 64% fall from IPO seems massively over done. Fair value even at this juncture is £1.80-£2.

One USA licence is approved we move over £2 in an instance.

[francoismyname] 26/8/2024 20:21

Plenty of good recruitment going on for our European licence work. All good and going the right way.

[francoismyname] 25/8/2024 15:59

Big week incoming.

Results on the horizon and update on progress in a good few areas.

Will see a good few accumulating before the 4th Sept. Keep tight hold.

[francoismyname] 23/8/2024 21:59

I see resistance at £1.69 where it was a couple of weeks back.

Get through that and we go again

[devonlad] 23/8/2024 08:54

I am no chartist but that is a pretty clear breakout and this isn't yet near over bought territory. I see the next level of resistance around the 144p range, nai, dyor, wtfdik!

[francoismyname] 23/8/2024 06:21

Just got my INVESTOR MEETS COMPANY email this morning for results on 4th Sept

“ CAB PAYMENTS HOLDINGS PLC will be holding a H1 Results meeting on 4th Sep 2024 at 2:00pm BST.

Please click on the button below to accept the meeting invitation.”

All nice and slick. What I like to see.

[francoismyname] 23/8/2024 06:11

Forgot to add great volume yesterday on a big up day.

All bodes well.

[francoismyname] 22/8/2024 18:26

Good day

Surely more to come tomorrow.

We are on the cusp of a re- rating. Join the train before it leaves.

[hem007] 22/8/2024 13:22

Ready to go boom??

[hazl] 22/8/2024 07:21

I wonder if we will get any news soon?

[francoismyname] 20/8/2024 11:27

Primed for a breakout.

[francoismyname] 20/8/2024 06:53

The New CEO won’t want the share price languishing at these lowly prices under his tenure.

Will need to show the market he is the main man and can get the share price back up in the £2 plus category pronto.

Initiatives he will be focussing on and he should get across in the 4th Sept update.

American licence update
New income from European licence.
How we are utilising our strong balance sheet
Positive impacts of new London offices.
How the business is not reliant on certain fx currencies for delivery - more diversified.
Any changes that will improve the BOD.
How to make better use of our banking licence
Improve communication around our NO DEBT position.


£2 days plus surely if most of the above are managed well.

[muffster] 17/8/2024 09:13

Are you London07?