Los Angeles, CA (PRWEB) October 31, 2016
Early in his career, Payscout CEO Cleveland Brown developed one of the first ecommerce platforms allowing public schools to utilize paperless transactions. After the platform was integrated into several major school districts across the United States, including LAUSD, Brown turned his attention to the global marketplace. He traveled abroad to speak with prime ministers, ministers of finance, and managing directors of financial institutions about the impact of ecommerce on economic policy.
These experiences have proven predictive for Brown, as he is now a regularly sought-after finance thought leader and global ecommerce advocate.
On Friday, October 21, Brown spoke at the Electronic Transactions Association’s Strategic Leadership Forum in Palm Beach, Florida as part of a CEO roundtable on the evolution of payment processors. Brown is the Vice-Chair of the ETA’s Payment Sales and Strategy Committee and recently travelled to Washington, D.C. to meet with key regulators and members of Congress to discuss issues facing the industry. In the October 21 panel presentation, he provided his perspective on the future of payments.
After a brief respite, Brown traveled to Las Vegas to speak at Money 20/20, one of the year’s largest U.S. events that addresses the financial technology (fintech) industry. He participated in a panel presentation covering the opportunities and challenges of cross-border ecommerce, one of the key differentiators offered by Brown’s own entrepreneurial enterprise Payscout, Inc.
“Global ecommerce is the fastest growing segment in payments,” Brown stated, discussing the importance of transferring knowledge regarding the latest advancements within the fintech industry. “The technological and regulatory changes associated with the industry are changing so rapidly that entrepreneurs need to do everything they can to stay informed of these developments. This is the inherent value of attendance at these events and discussions.”
Cleveland Brown founded Payscout Inc. with Manpreet Singh in 2011. The global payment processing provider has been recognized by Inc. Magazine as one of America’s fastest-growing, privately-held companies for three consecutive years, ranking #383 in 2016, #434 in 2015, and #2,416 in 2014 on the Inc. 500/5000 List.
One of the features that sets Payscout apart from other payment processing providers is its cross-border technology framework, aptly dubbed, “Go Global Now.” The platform provides a single global integration point giving merchants instant access to 100+ countries, billions of consumers and trillions of dollars.
“There have been a number of recent reports projecting the continued upward trend of cross-border ecommerce,” said Brown. “Enterprising global entrepreneurs need the knowledge base, and more importantly, the right partnerships to capitalize on this unparalleled growth. It’s an honor to help build that knowledge base by participating in these events.”
About Payscout, Inc.
“Payscout Supports the Entrepreneurial Dream One Transaction at a Time.”
Payscout is a global payment processing provider covering six continents by connecting merchants and consumers via credit, debit, ATM and alternative payment networks. What differentiates Payscout is its mission “to support the entrepreneurial dream one transaction at a time.” Payscout achieves this by being a thought leader in the payments industry. Its “Go Global Now” technology platform gives merchants instant access to 100+ countries, billions of consumers and trillions of dollars. Payscout offers payment processing solutions for brick-and-mortar and eCommerce transactions, and has earned acclaim as a new-generation provider of merchant banking services, specializing in online/eCommerce retailers with a predominant proportion of card-not-present (CNP) transactions; it is one of the few providers to deliver a true global payment solution that encompasses all merchant risk verticals. Customers can access Payscout’s credit card processing services via a state-of-the-art, web-based user portal and through direct interactions with highly-trained experts. In addition to supporting thousands of clients across a multitude of industries and all 50 American states, Payscout maintains global partnerships with VISA USA, Bank of America Merchant Services, VISA Europe, VISA Latin America, VISA Asia Pacific, MasterCard Worldwide, China Union Pay, Deutsche Bank, First Data and Payscout Brazil. Payscout was recognized as one of America’s fastest-growing privately-held companies in 2014, 2015, and 2016, ranking #2,416 in 2014, #434 in 2015, and #383 in 2016 on Inc. Magazine’s Inc. 500/5000 list. Within the financial services industry, Payscout placed #140 in 2014 and #24 in 2015.