The days of barter and bank drafts have long passed. Technology is in the midst of disrupting the entire financial services sector by swiftly and securely optimizing global financial transactions. Moribund financial services companies are rapidly losing market share to upstarts due to technological innovations and advancements. FinTech (financial technology) is dramatically altering traditional financial markets by delivering safer, more transparent, efficient and responsive banking services to retail consumers, businesses and market participants alike.
Over $50 billion has been invested in FinTech companies since 2010 and last year alone the financial technology industry received $17.4 billion in investments (http://nnw.fm/OceF1). Venture capitalists, private equity firms, savvy corporations and wealth funds are pouring enormous amounts of money into global financial technology, and smart money is seldom wrong.
Already positioned to capitalize on this wave of financial innovation, Global Payout, Inc. (OTC: GOHE) delivers fully customizable comprehensive payment solutions for virtually any domestic or international organization distributing money worldwide. In business since 2009, Global Payout now services clients in four key market sectors: logistics and shipping, banking, small and mid-sized businesses, and global travel companies. Global Payout addressed the needs of these industries with its proprietary Global Reserve Platform (GRP). Powered by the Global Reserve Administrative module, the platform is a fully configurable, “banking-in-a-box” web-based platform designed to exceed the front-to-back office processing requirements of foreign exchange and international payment service providers.
Global Payout is further extending its reach and impact into the global FinTech market through its majority owned subsidiaries, ISBC Holdings, Ltd. and MoneyTrac Technology, Inc. Majority control of ISBC Holdings gives Global Payout unfettered access to an international private banking structure, with cloud based banking technologies for swift and secure international financial transaction processing. MoneyTrac’s alternative banking and electronic financial solutions, which include E-Wallet and mobile apps services, open vast new found business opportunities with companies in various high-risk industries.
Even though most consumers are unaware that the financial services applications they currently use count as FinTech, about a third of consumers worldwide already rely on two or more FinTech services regularly. Smart money has already placed a huge bet that the industry is set to grow exponentially and smart investors should be positioned accordingly.
For more information, visit the company’s website at www.GlobalPayout.com
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