![]() ![]() We’re very excited to bring in a leader of Greg’s stature to lead our operations there,” said Thomas Staudt, Chief Executive Officer of GlobalCollect. “North America is the world’s largest eCommerce market and a key geography for GlobalCollect. Active with the Electronic Transactions Association (ETA) for many years, Leos currently serves as the association’s Education Committee chair. He is frequently invited to speak at educational conferences and is a member of the advisory board for the payments industry publication The Green Sheet. Leos is considered an industry thought leader on the topics of payments, data security and business leadership. His long career in the payments and data security industry has seen him hold further senior-level positions with companies such as Trustwave, Wells Fargo, WorldPay and Global Payments. Prior to joining ControlScan, Leos was president of North America for Sysnet Global Solutions. Greg Leos joins GlobalCollect from ControlScan, where he was vice president of North American sales and business development. Understanding Liquidity and Market Liquidity. ![]() ePayments to Shutter after 3 Years of FCA-Ordered Business Suspension.Leos is considered an expert in the field of online and electronic payments. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. Leos bring with him 20 years of payment industry experience, and has held high level positions at ControlScan, Sysnet Global Solutions, Trustwave, Wells Fargo, WorldPay and Global Payments ![]()
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