Payscout #38 Among Largest Minority-Owned Businesses in LA

Payscout has been ranked #38 on the Los Angeles Business Journal’s 2017 list of Largest Minority-Owned Companies in LA.  The Los Angeles Business Journal published their 2017 list of the 100 Largest Minority-Owned Businesses in LA this week. “Largest” is determined by revenue (2016), but the list also denotes the growth percentage of each company.  Remarkably, among the 100 largest minority-owned companies in LA for 2017, Payscout posted the fourth highest growth rate from 2015-2016. That incredible pace of growth is central to the Vision of Payscout, which is to become the thought-leading and fastest-growing global payment processing provider in the world. Companies must be at least 50% minority owned in order to qualify for consideration on the LABJ’s list. Payscout, which is co-owned by Cleveland Brown and Manpreet Singh, is 100% minority owned.

Partnership Provides Flexible Payment Options in ARM

Payscout recently announced a strengthening partnership with software solutions provider HealPay in alignment with strategies to best serve the companies’ mutual customers.  Many of those customers are entrepreneurs in the all-important accounts receivable management (ARM) space, and the Payscout/HealPay partnership means more innovative, flexible payment integration options.

“When merchants deploy consumer friendly software, they process more payments,” said HealPay Co-Founder and CEO Erick Bzovi. “Our partnership with Payscout gives HealPay a strong back-end provider, allowing us to scale into new markets and attract more growth-oriented merchants. The partnership enables us to double down into the growing Accounts Receivable space.” HealPays’s flagship application, SettlementApp, innovates by analyzing data and providing individuals with flexible payment options. Those options are a key differentiator for ARM firms looking to provide painless, frictionless payment experiences for their customers. Payscout, the global payment processing engine powering HealPay’s front-end solutions, and HealPay are integrated with leading claims management software, accounting software, and payment gateways, enabling automated reports and reducing data entry.  HealPay and Payscout work with large creditors, collection agencies, and attorneys to help them collect payments with the most convenient and reliable solutions.  For both companies, the approach is simple: Partner with the best, most customer-focused solutions providers to deliver streamlined bill pay services and the very best software integrations in the ARM industry. Those solutions make life for entrepreneurs easier, and that’s how Payscout “supports the entrepreneurial dream one transaction at a time.”

Payscout to Bring Virtual Reality to Money20/20 EU

Money20/20, “the global platform that inspires and enables innovators to create the future of money,” is the world’s largest FinTech event, serving as a key industry benchmark and global hub for new deals and business development. On June 27, Payscout will unveil their VR Commerce solution at Money20/20 EU in Copenhagen.  Payscout has announced a Money20/20 EU panel, “Virtual Reality and the Monetisation of Immersive Content,” which will coincide with the launch of Payscout’s innovative and thought-leading VR Commerce payments solution.  The VR panel will be moderated by Payscout Co-Founder and CEO, Cleveland Brown, who will appear alongside Dr. Danny Lange, VP of Artificial Intelligence (AI) and Machine Learning at Unity Technologies; Bill Gajda, SVP, Global Head, Innovation, VISA; Trevor Pollard, VP of Architecture and Design at Westfield; and Paul Aspuria, Filmmaker/Director and Partner at Film Antics Productions, where Aspuria has created multiple 360-degree video, immersive experiences in VR. Together, the group will share their thought-leading insider insights on the monetization of VR content and challenge industry expectations surrounding this emerging technology.

The VR panel coincides with the launch of Payscout’s VR Commerce solution and will feature the unveiling of an immersive 360-degree shopping experience via an exported video recording of a real transaction in VR. Working with the finest IT people in the industry, Payscout is pioneering a completely new vision for online shopping. Payscout’s Vision is to become the thought-leading and fastest-growing global payment processing provider in the world. Payscout’s pursuit of pioneering VR Commerce aligns with the company’s vision to be thought leading.