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NetworkNewsWire Announces Publication Discussing FinTech's Role in Disrupting Traditional Financial Services
New York, New York--(Newsfile Corp. - September 28, 2017) - NetworkNewsWire ("NNW"), a multi...
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[{"type":"text","content":"NetworkNewsWire Announces Publication Discussing FinTech's Role in Disrupting Traditional Financial ServicesNew York, New York--(Newsfile Corp. - September 28, 2017) - NetworkNewsWire (\"NNW\"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Global Payout, Inc. (OTC Pink: GOHE), a client of NNW that provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide.The publication, titled, \"Standout Players in the FinTech Revolution Contribute to the Shakeup of Traditional Banking,\" shines a light on companies shaking up traditional banking with FinTech solutions. To view the full publication, visit: https://www.networknewswire.com/standout-players-fintech-revolution-contribute-shakeup-traditional-banking/ \"The key benefits of the FinTech industry are improved accessibility to lending options and an accelerated application process for businesses and individual consumers, and traditional banks and other financial institutions are feeling the effects. A recent executive summary on global FinTech released by PwC indicates that 30 percent of consumers intend to increase their usage of nontraditional financial services providers during 2017, while only 39 percent planned to continue using traditional financial services providers.\"While Global Payout is chiefly focused on logistics and shipping, international travel companies, banks and small-to-medium-sized businesses, the company is taking advantage of increased consumer demand for FinTech and has positioned its MoneyTrac subsidiary to provide a full-service solution for alternative banking and electronic financial solutions for companies in high-risk industries such as cannabis and cryptocurrency.\"One of these opportunities blossomed into fruition earlier this month when MoneyTrac signed a letter of intent (LOI) with BlazeNow, Inc., an advertising and data collection platform that NY Daily News once called the Yelp of the marijuana industry (http://nnw.fm/eurE5). The intention of the LOI is to create a joint-venture partnership that enables MoneyTrac and BlazeNow to merge their industry-specific resources to substantially grow both brands as they serve the marijuana industry.\"About Global Payout, Inc.Since the company's inc...