Geoff Brown, CEO of Highline | Episode 225

How does one go from a degree in math and physics to a profession in payments? Highline CEO Geoff Brown has the answer for you on this week’s episode! A self-proclaimed numbers geek, Geoff has a genuine passion for data-driven insights and patterns – all of which support his very successful and beneficial contribution to our U.S. payments ecosystem.For those of you who may not know, Highline is a brand-new payments network that originates payments directly from payroll platforms. Unlike card and ACH payments that pull directly from the consumers bank account, Highline has the funds pulled directly from the customers paycheck. According to Geoff, this translates to a vastly improve customer experience and a significant decrease in payments liability.From a consumer perspective, the customer benefits from no longer needing to worry about drafting from their bank account and the payment failures that often can result. Highline pushes out payments to lenders and recurring platforms directly on payday, so the liability is decreased dramatically. The optimum use case for this product revolves around lenders who will be looking to help reduce losses or prepare for an upcoming increase in loss exposure, and Geoff touts a customer experience that is “far better than ACH,” in addition to a one-click authorization process that far surpasses their competition. Tune in this week to hear Geoff talk about his journey to CEO, including how he came up with the idea for this entirely unique offering in the payment space. We also talk about where he sees the industry going in the next 2 to 3 years as it relates to the evolution of P2P, the rapid growth of the payroll space, and the anticipated consolidation throughout the banking industry.