San Diego, CA -- (ReleaseWire) -- 06/13/2017 -- Global Payout, Inc. (OTCMKTS:GOHE) (the "Company") is pleased to announce that its majority owned subsidiary MoneyTrac Technology, Inc., ("MTT") has executed a Joint Venture agreement ("JV") with Compliance Financial Network Corp ("CFN"), an innovative compliance technology and cash logistics company.

The JV provides MTT with the opportunity to integrate pivotal compliance solutions and features within its existing electronic payment processing technology, which is powered by the Virtu Network Solutions ("VNS") platform. The Company contends these features will aid in the ability to more effectively manage and mitigate risk as well as comply with all federal, state and county level regulatory requirements.

Additionally, MTT believes that this integration may especially benefit many of the businesses they are targeting that operate within "high-risk" or "alternative" industries. These organizations are typically under added compliance-related scrutiny from federal, state and county regulatory officials to meet all necessary AML/BSA and FinCEN as well as KYC and KYCC mandates, and Virtu Network Solutions will meet that need.

"We are incredibly pleased to have finalized this JV with our partners at CFN," said MoneyTrac Technology, Inc. COO, Vanessa Luna. "For our existing and future clients operating businesses in high-risk industries, maintaining strict compliance procedures is crucial to the livelihood of their business. Integrating CFN's proprietary compliance processes into our electronic payment processing technology will provide our clients with the most comprehensive compliance features possible and will provide the opportunity for optimum financial management from all angles," Ms. Luna further remarked.

"Part of CFN's central commitment is to deliver its comprehensive Regulatory Technologies (RegTech) and compliance solutions to the various challenged business types across the nation," said Christian Murray, Co-Founder, and CEO of CFN. "We understand the many regulatory and compliance-related challenges our financial institutions have and deliver solutions to solve these complex requirements. We truly believe this JV with Global Payout is an exciting and unique opportunity for us to broaden this commitment by extending our solutions to Global Payout's growing client base in alternative industries who are often challenged with obtaining and keeping depository business banking services to meet the needs of their clients," Mr. Murray commented further.

About Global Payout, Inc.
Since the Company's inception in 2009, Global Payout, Inc., http://www.globalpayout.com, has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.

About Compliance Financial Network
Compliance Financial Network (CFN) brings innovative and unique solutions to the market to properly manage and mitigate risk as well as comply with all federal, state and county level regulatory requirements. CFN's core focus is delivering technology solutions to financial institutions and alternative industries to meet all necessary AML/BSA and FinCen as well as KYC and KYCC mandates.

CFN operates with integrity and complete transparency with all clients and financial partners to ensure long-term solutions. They pride themselves as being a company who understands the needs of the clients and the needs of their banks and financial institutions. CFN continues to forge new partnerships within the banking and financial industry and is always open to exploring a fit based on the values they stand by.

Forward-Looking Statements:
Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan", "expect", "believe", "anticipate", "intend", "could", "would", "estimate", or "continue", or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

FOR ADDITIONAL INFORMATION:
Global Payout, Inc.
www.globalpayout.com
MoneyTrac Technology, Inc.
www.moneytractechnology.com
Compliance Financial Network
www.cfncorp.com

CONTACT INFORMATION:
Phone: 619-795-5810
Email: investorinfo@globalpayout.com

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

San Diego, CA -- (ReleaseWire) -- 06/06/2017 -- Global Payout, Inc. (OTCMKTS:GOHE) (the "Company") is pleased to announce it has finalized a Customized Licensing Agreement (the "agreement") for the use and exclusive white labeling of its Global Reserve Platform with Companies Trade & Service LTD ("CTS"), a London based VAT recovery and FOREX processing service provider.

With this agreement, the Company will white label the Fintech solutions available within its Global Reserve Platform to provide CTS with an integrated software solution. This software will give CTS an opportunity to more effectively process and manage business-to-business related VAT recoveries, as well as FOREX processing for the SME's and global companies they service worldwide.

The Company contends that this agreement is an important first step into the growing arena of VAT recovery. A multitude of global enterprises are actively seeking Fintech solution services to gain better control over what is often a complex process that requires a major investment of time and resources, and can also contribute to lost revenue when not managed properly.

"We are very excited to have executed this licensing agreement with Companies Trade & Service, said Global Payout President, William Rochfort. "Both our companies recognize the growing need in our global economy for improved processes to more effectively manage the myriad of challenges that are associated with VAT recovery. The integration of our Global Reserve Platform with the existing processes CTS utilizes for VAT recovery will fortify the back-end of this process for them and thereby maximize their ability to issue recoveries back to their clients more efficiently than ever before," Mr. Rochfort remarked further.

The Company will remain focused on exploring additional ventures and opportunities in the VAT recovery sector. The Company contends that its Global Reserve Platform can be effectively leveraged towards streamlining the VAT recovery process through the proprietary payment solutions the platform offers.

About Global Payout, Inc.
Since the Company's inception in 2009, Global Payout, Inc., http://www.globalpayout.com, has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

Forward-Looking Statements: Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan", "expect", "believe", "anticipate", "intend", "could", "would", "estimate", or "continue", or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

FOR ADDITIONAL INFORMATION:
Global Payout, Inc.
www.globalpayout.com

CONTACT:
Public Relations and Media Contact:
541-359-6717
INVESTORINFO@GLOBALPAYOUT.COM

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

San Diego, CA -- (ReleaseWire) -- 05/17/2017 -- Global Payout, Inc. (OTCMKTS:GOHE) (the "Company") is pleased to announce that following a meeting of the Company's Board of Directors (the "Board") Mr. Jorge Lezcano, CEO of IntraData, LLC, has been elected to sit on the board of Global Payout Inc.

As the current Chief Executive Officer of IntraData, LLC, Mr. Lezcano brings with him over two decades of progressive experience in the financial technology sector. This includes invaluable knowledge and hands-on-experience with both the development and integration of major payment networks through the unique financial platforms he has developed with IntraData, LLC.

The Company contends that Mr. Lezcano's in-depth knowledge and experience will be play an integral role in helping them move forward with the execution of their strategic vision of establishing itself as a premier service provider of financial technology solutions both domestically and abroad.

"We are thrilled and truly pleased that Mr. Lezcano has accepted his nomination to our Board of Directors," said Global Payout, Inc. President, William Rochfort. "Mr. Lezcano has served as a strategic partner to the Company over the past few years and in that time, I have seen firsthand the expertise and leadership he possesses in the continuously evolving sector of Fintech. He has become one of the biggest supporters of our Company's strategic vision and I am excited for the wealth of technological prowess he will add to our incredible Board," Mr. Rochfort further remarked.

"I want to thank Mr. Rochfort and the current Board of Directors for this tremendous opportunity to join their Board," said Mr. Lezcano when asked about his nomination. "I have had the opportunity to partner with Mr. Rochfort and the Company on various projects in recent years and have become well-acquainted with their corporate vision and truly believe they are poised to become a recognized leader in the delivery of financial software technologies to the growing number of enterprises across the globe who are in need of Fintech solutions. I look forward to sharing my knowledge and understanding of this sector with them in addition to offering my commitment towards helping the Company achieve its short and long-term objectives," Mr. Lezcano further stated.

About Global Payout, Inc.
Since the Company's inception in 2009, Global Payout, Inc., http://www.globalpayout.com, has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

About Intradata, LLC
Intradata is a premier software house highly specialized in the development of state of the art solutions for the financial industries. Intradata has been providing software platforms for over 14 years. Their products are trusted by numerous Governments, Banks and MSBs in more than 30 countries. Intradata developed Virtual Bank, a modern banking platform focused on ecommerce, mobile payments, card processing payments and international payments. Intradata also developed SMART, a modern money remittance platform white-labeled to several financial institutions in the United States and Europe with the capabilities of sending payments to over 200 countries.

Forward-Looking Statements: Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan", "expect", "believe", "anticipate", "intend", "could", "would", "estimate", or "continue", or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

CONTACT INFORMATION:

FOR ADDITIONAL INFORMATION:
Global Payout, Inc.
http://www.globalpayout.com

CONTACT:
Public Relations and Media Contact:
LCG
Headquarter Office
702-333-4886
http://www.lcginfo.com

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm