Cascade Hires Veteran Payments Exec to Lead Processing Operations

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LAS VEGAS, Sept. 15, 2020 /PRNewswire-PRWeb/ —┬áCascade Financial Technology Corp (“Cascade”), the Las Vegas-based issuing platform, has hired Scott Louie, a payments veteran, to head Cascade Processing. With Louie joining Cascade, the company is adding strategic vertical integration to its current card program offerings. “We are fortunate to add someone with so much experience in all aspects of processing to head Cascade Processing,” said Spencer Schmerling, CEO of Cascade. “Scott brings a new level of processing experience to Cascade, further strengthening our team of industry professionals.”
Louie’s role as Vice President of Processing Operations is to scale Cascade’s processing services, enabling more FinTech start-ups and payments companies to utilize Cascade’s next-gen issuing platform. “I’m delighted to join Cascade during this early phase of the processing platform’s growth,” stated Louie. “Cascade Processing will be key to our long-term growth plan, providing clients flexibility, access to outstanding customer service, and a decrease in their time to market.”
Cascade enables clients to launch innovative and inclusive products on its robust platform. It offers a full suite of debit and prepaid card program management services, including full BSA/AML compliance, automated KYC, extensive fraud mitigation, and world-class USA-based customer service. With its processing platform, Cascade …

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