WATCH: Money20/20 EU Panel on Virtual Reality

Payscout CEO & Co-Founder Cleveland Brown recently moderated a panel at Money20/20 Europe in Copenhagen, Denmark on, “Virtual Reality and the Monetization of Immersive Content.” In his opening monologue, Brown unveiled a teaser trailer of Payscout’s VR Commerce solution before leading a discussion on the future of virtual reality and payments.

You  can watch a video recording of the panel here.

Topics: Global eCommerce

Payscout Leads Compliance Talks at ACA International Convention

Payscout hosted an interactive panel, “Payment Compliance Outlook and Why It Matters to Collection Agencies,” at the ACA International Annual Convention and Expo.ACA Convention, the largest event for the credit and collections industry, provides an opportunity for attendees to learn from experts whose innovative ideas keep professionals ahead of a shifting regulatory environment, informed of emerging legal trends, as well as uncovering emerging trends and best practices with industry leaders.

 

The panel was moderated by Payscout Strategic Sales and Business Development Manager – ARM, Fran Fisher, who appeared alongside Edward Marshall, Chair – Business and Litigation Payment Systems Practice at Arnall Golden Gregory, LLP; Brian Riley, Director of Credit Advisory Service at Mercator Advisory Group; and Giles Witherspoon-Boyd, President and CEO at Protocol Enterprises.

 

Together, the group provided an outlook for payment compliance issues and regulatory changes expected under the new administration. Focus was placed on how regulations such as PCI DSS and Reg E – and changes to them – impacted collection agencies and other ARM companies. The panelists explained why it is important for organizers to pay attention, under the watchful eye of the CFPB, which oversees the payments industry.

 

The interactive session was one highlight of Payscout’s involvement in the ACA Expo. Payscout returned as a prominent exhibitor at the Convention and treated attendees to a new virtual reality (VR) experience highlighting the company’s thought-leading solutions and Award-Winning culture.

 

Payscout has been actively serving the accounts receivable management (ARM) industry for over a decade. The company built its reputation by providing unparalleled customer service and offering legitimate merchant accounts to collection agencies through reliable and highly sustainable acquiring banks. Payscout’s vision is to become the thought-leading and fastest-growing global payment processing provider in the world

 

Topics: ARM

Payscout Engages Congressional Caucus on Virtual Reality

Payscout was in Washington, D.C. last week for a series of meetings with the  Congressional Caucus on Virtual, Augmented, and Mixed Reality Technologies, in which the global payment processing provider  demonstrated the world’s first  VR Commerce solution.

Payscout CEO & Co-Founder Cleveland Brown, COO Juan Sotelo, and Communications and Content Strategist George Smith were on Capitol Hill last week demonstrating their patent-pending Virtual Reality (VR) Commerce  solution in the offices of  Rep. Yvette Clarke (D-N.Y.), Rep. Suzan DelBene (D-Wash.), Rep. Bill Flores (R-Texas), Rep. Darrell Issa (R-Calif.), and Rep. Ted Lieu (D-Calif.), co-chairs of  the Congressional Caucus on Virtual, Augumented, and Mixed Reality Technologies (commonly referred to as the “Reality Caucus”).

Payscout’s meetings with Reality Caucus Co-Chairs were mentioned by Politico in the outlet’s Morning Tech tipsheet.

According to the press release that accompanied the announcement of the Reality Caucus formation, the group was formed:

“…to foster information sharing between Congress and our nation’s world-leading technology industry. These technologies have shown tremendous potential for innovation in the fields of entertainment, education and healthcare. As these technologies develop, questions will inevitably rise in privacy, intellectual property and other areas. This is an opportunity to educate our colleagues and others to ensure Congress is doing all it can to encourage – rather than hinder – these enterprising fields. We look forward to working with our colleagues on both sides of the aisle to help support innovation and address the challenges posed by this emerging sector.”

Payscout is a culture built on innovation, education, and the entrepreneurial spirit, so it is fitting the Reality Caucus would an engage a pioneer in VR Commerce such as Payscout.

Payscout’s patent-pending VR Commerce solution, the first in the world of its kind, enables frictionless payments in VR experiences powered by Visa Checkout. The application  was announced at Money20/20 in Copenhagen, Denmark, and marks the first time that consumers can shop and purchase physical products within an immersive VR experience — and have those products delivered to their homes.

The Reality Caucus will continue to engage Payscout in an effort to advance their educational efforts.

Payscout CFO Obtains Anti-Money Laundering Specialist Certification

Payscout Chief Financial Officer Dan Gardner is now a Certified Anti-Money Laundering Specialist (CAMS) after successfully completing his certification with the Association of Certified Anti-Money Laundering Specialists (ACAMS).

The ACAMS is the largest international membership organization dedicated to enhancing the knowledge and expertise of financial crime detection and prevention professionals, from a wide range of industries, in both the public and private sectors.

The CAMS certification is the global gold standard in anti-money laundering (AML) certifications.

The certification places Gardner among an esteemed international group, which includes members of financial institutions, regulators, NGOs, and more, who are involved in the flow of money and the controls related to tracking and reporting activity.

As a voluntary undertaking, the successful completion of the CAMS certification process demonstrates not only a commitment to Payscout’s core Cultural Attributes of Integrity/Trust, but also a broader movement in the financial services industry to create a “culture of compliance.”

Payscout, a leading global in payment processing provider operating on six continents, recently received its Financial Institution (FI) License in the EU and is now a regulated entity. For the Chief Financial Officer to voluntarily obtain a CAMS certification suggests Payscout is intent upon acting with the utmost Integrity, both as an FI in the EU, and more broadly as the thought-leading global payment processing provider in the world.