Designed as the ‘Davos of Payments’, Global Business Leaders, the U.K. and U.S. Government, Corporate and Economic Development Groups will join together for P20’s first conference
P20, the new transatlantic payments initiative, will be hosting its inaugural conference at Lancaster House, London on 10th October.
P20 will convene 20 of the most influential leaders in the global payments industry and top UK and US government officials and regulators annually to highlight the importance of payments and fintech to the world economy. It will also shine a light on the vital role played by London and Atlanta and provide a long-term opportunity for a transatlantic partnership intended to promote growth of the industry globally through improved regulatory frameworks, economic development, innovation, financial inclusion and overall cooperation.
The inaugural conference this October will be led by P20 leadership delegates who will drive programming, presentations and outcomes. The event will also welcome participation from approximately 120 invited senior leaders representing relevant government agencies and offices, industry advocacy groups, academia, FinTech innovators, and payments industry executives from across the globe.
Goals for the inaugural conference include the following:
- Recognise the unique and important position the payments industry holds in global commerce and the associated responsibilities of industry and government
- Identify industry and policy challenges required to address during the next 10 years, and develop an agenda of short and long-term goals
- Create a vision and framework for working together to promote financial inclusion through streamlining regulatory frameworks, improved security and innovation
The conference will consist of an early evening reception for Board members and guests on 9th October, hosted by businessman and former Trade Minister Lord Digby Jones, then a dinner hosted by Conference Chairman Bruce Lowthers. This will be followed by an all-day conference on the 10th October at Lancaster House with a closing dinner attended by all delegates.
Peter Radcliffe, Chairman of P20, comments: "We are extremely proud to be hosting P20’s first conference in London, bringing together payment industry leaders, government officials and head regulators to discuss the future of the sector."
"The P20 mission charter is being crafted to address the improvement of regulation, innovation, cybersecurity, education and financial inclusion on a global scale."
“This process would have not have been possible without the help of our lead sponsors, FIS, Hogan Lovells, Holland and Knight, MasterCard and Visa. Together with our sponsors, we look forward to shaping the conference outcomes and moving forward with all of our industry partners to next year’s conference in Atlanta, and beyond.”
For more information please contact:
James Terry / Gemma Dunn / Sophie Lanning
Teamspirit Public Relations - London
+44 20 7360 7877
London is the financial services capital of the world and dominates payments in Europe. London boasts nearly 40,000 Financial Services companies employing more than 60,000 workers in the Fintech sector alone; a large portion of which support the payments industry.
Atlanta is the payments capital of the U.S, processing 75 percent of $7.4 trillion in annual payments while employing the lion’s share of the FinTech workforce of nearly 40,000.
- Highlighting both London’s and Atlanta’s success in payments will help to further burnish London as the continued definitive financial capital of the world and Atlanta as the payments capital of the U.S.
- Collaborating will promote policies and economic development opportunities that provide honest, secure and reliable payments to the rest of the world – a vital step in helping to lift many places in the world out of poverty.
- The P20 will serve to open a vital and expandable London/Atlanta Transatlantic corridor that will provide numerous collateral benefits to both cities and nations.