Innovative Payment Solutions, Inc. Announces Addition of Lawrence P. Cummins to the Company's Advisory Board
December 03, 2020 at 07:30 am EST
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Innovative Payment Solutions, Inc. announced the addition of Lawrence P. Cummins to the Company's advisory board. Mr. Cummins has extensive knowledge and experience in data science, machine learning, cloud computing, and blockchain integration. Mr. Cummins is currently a chairman and CEO of Black Cactus Global, Inc. The data science company is focused on developing solutions across various industries and institutions and developing cutting-edge technology utilizing machine learning, cloud computing and blockchain integration. Lawrence has a wealth of experience in these areas with expertise in big data analytics and predictive analysis. With over 30 years of experience as a software engineer and software architect working on computer-aided engineering product development and applications, he is designing and developing trading platforms and exchanges for asset management for stock markets, Forex and cryptocurrency.
Innovative Payment Solutions, Inc. is a fintech provider of digital payment solutions and services to businesses and consumers, focusing on the needs of unbanked and underserved communities, particularly migrant communities in the United States. The Company is focused on operating and developing e-wallet mobile applications that enable consumers to deposit cash, convert it into a digital form, and remit the funds to Mexico and other countries quickly and securely. Its two e-wallet applications are IPSIPay and Beyond Wallet. Beyond Wallet is operational and is an institutional business-to-business product. The Companyâs IPSIPay App users can acquire VISA debit cards, as well as obtain a bank account at a major United States institution, enabling them to execute financial transactions through IPSIâs worldwide merchant network. The Companyâs IPSIPay Express provides merchants with a technology for payment processing that allows transactions, in real-time bank-to-bank account transfers.
INNOVATIVE PAYMENT SOLUTIONS, INC. 
