(Atlanta, GA) - Dozens of the top leaders, regulators, legislators and innovators in financial technology gathered at Holland & Knight’s Atlanta office, signaling the launch of the 2018 P20 campaign.
The summit debuted in London in October of 2017, attracting some of the top names in FinTech to address the most pressing issues facing the industry: cyber security, regulation, innovation, and financial inclusion.
At stake: the ability for billions of people in financially under-served regions of the world to make and receive payments.
With Atlanta having developed a reputation as the payment processing capitol of the world, known as “Transaction Alley,” the P20’s move to Atlanta for the 2018 summit was a natural fit.
“Atlanta is an epicenter for payments. Not only domestically, but also internationally,” said Asif Ramji, President and CEO of Paymetric. Ramji joined other top industry and government leaders for the P20 Atlanta launch party.
“The P20 is an incredible organization that’s helping to facilitate commerce between the U.S. and the U.K., and internationally. I think their ability to influence important topics, whether it’s regulation, and taking friction out of the ability to do business, across borders … I think that’s incredibly important.”
The launch party was key-noted by Ross Allen, Executive Director of the United Kingdom’s Department for International Trade in New York.
“People might not realize it, but FinTech is something that probably touches all of us,” said Allen. “If you have a bank account, you’re dependent on what happens in the payments space, and in FinTech more generally.”
The arrival of the P20 summit to Atlanta reaffirms the city’s place in the international landscape of payment processing.
“What positions Atlanta uniquely for the second year of the P20 is that relationship with the United Kingdom,” said Grant Wainscott of the Atlanta Metro Chamber.
“Being able to be in London for the inaugural event was important not just for our ecosystem, but to be able to see how seriously the rest of the world takes the U.S., and particularly Georgia, and Atlanta, in this industry.”
“Rather than being in Washington, D.C., rather than being in New York, to be able to have it where the work is actually being done, where those transactions are being processed, trillions of dollars in transactions, where the company leaders, the CEOs, where the bone of the work force really is, is extremely important for our region.”
The P20 Atlanta conference features the return of several leaders who helped deliver the first conference in London in 2017: P20 Executive Director H. West Richards, P20 Conference Chairman and FIS Chief Operating Officer Bruce Lowthers, and Allen Maines, Executive Partner at the Holland & Knight law firm in Atlanta.
The 2018 P20 will unfold at the Atlanta History Center in Buckhead.
“2018 is the year that’s going to put Atlanta on the map,” said P20 Vice President Eileen Nebhut. “We launched in London last year. This year is Atlanta’s turn, and we’re going to make it a great conference.”
More than 200 people from the United States, United Kingdom, and elsewhere around the world are expected to attend, as the conference again takes on some of the most pressing issues in Financial Technology, with a potential impact on billions of people.