- Global FinTech industry grew by 75 percent in 2015
- Innovators like Global Payout stand to disrupt more than $4.7 trillion in revenue
- The Global Reserve Platform is the most powerful, customizable and extensible platform for managing any financial product
Standing out among innovators in the global FinTech market, Global Payout, Inc. (OTC: GOHE) is focused on providing next-generation B2B solutions to automate international funds transfer, payments, billing and invoicing processes. The company is well-positioned for growth within the infant FinTech market, which increased in value by 75 percent globally in 2015, hitting $22.3 billion. FinTech innovators like Global Payout stand to disrupt over $4.7 trillion in revenue from companies offering traditional financial services, according to projections from Goldman Sachs.
As discussed in a recent article (http://nnw.fm/8e9fX), the importance of the efforts of companies like Global Payout is multifaceted. The disruptive influence of FinTech innovations is helping break the grip so long held by traditional financial institutions, making venture capital available to small businesses and entrepreneurs where banks will not give it. The FinTech revolution is also enabling access to other types of lending options and streamlining application processes in key ways that traditional financial institutions cannot match. Further, companies are now able to buy complex financial software solutions that, in times past, they could have never afforded and which, additionally, would have necessitated the services of a complete in-house IT team to operate even could they have footed the bill for the software.
As explored in another recent article (http://nnw.fm/f5O7H), the new incarnation of FinTech—a word that once referred merely to the backend technology used by traditional financial entities—has led to the pioneering of novel platforms that serve a variety of businesses. Capabilities are improving, and banking alternatives are becoming available that automate various financial processes. The FinTech revolution goes beyond financial services, however, also meeting needs in sectors ranging from logistics and shipping to the cannabis industry, where mobile apps and electronic wallets have proven more practical and more readily available than traditional banking services.
The B2B financial automation solutions offered through Global Payout’s proprietary Global Reserve Platform serves these needs well. The company is further enabling bitcoin accessibility through its MoneyTrac, Inc. subsidiary.
One of the global markets Global Payout is currently targeting with the Global Reserve Platform, its innovative FinTech payment solution, is logistics/shipping. The company also focuses on serving international travel companies, small-to-medium-sized businesses and banks, and has further positioned its MoneyTrac subsidiary to offer full-service alternative banking and electronic financial solutions for high-risk industries like cryptocurrency and cannabis.
Through the Global Reserve Platform, which stands out as the most powerful, customizable and extensible platform for the management of any financial product, Global Payout offers a fully configurable, Web-based “banking-in-a-box” platform specially designed to meet the front-to-back-office processing mandates of foreign exchange and international payment service providers. This solution also includes a secure and intuitive client module, designed to meet the e-banking needs of an institution’s corporate and personal customers.
Through the technology offered by its MoneyTrac subsidiary, Global Payout is further giving clients access to their financial information from any point on the globe as well as assisting them with tracking and compliance to aid in management and control of revenue flow.
For more information, visit the company’s website at www.GlobalPayout.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
