Prior to founding CCEWeb Corp., Jacob Katsman worked as Chief Financial Officer of a multinational steel trading company. Katsman is also a Director of B&B Trading International Corp., a family owned trading house founded in 1989.
In 1998, Katsman authored How To Make Money Without Money, Art of Transferable Letters of Credit and Assignments of Proceeds. The book has been praised by international bankers as a guide to practical use of letters of credit in financing trade.
In 1999, Katsman together with Nikolai Pachnev founded the L/C Monitor, a monthly legal financial journal covering practical aspects of payment instruments used in international trade.
In January 2000 the L/C Monitor initiative expanded into an on-line International Trade & Banking Institute, www.itbi.net. Katsman is co-author of the CCEWeb Secure Payment and Trade Management System.