P20 Announces Atlanta as Host for Second Annual International Payments Conference
Wednesday, February 28th, 2018
During a special launch celebration at Holland and Knight's Atlanta office, P20, the transatlantic payments initiative, announced its second annual international conference to be held in Atlanta this October.
The keynote address of the evening was delivered by Ross Allen, British Consulate Director of International Trade, to a gathering of payments industry leaders including corporate executives, regulators and elected officials from the U.S. and London.
“P20 is unique in that it has created an international cohort of businesses and regulators working together to promote policies that will make payments accessible, affordable and secure for everyone,” said H. West Richards, president of P20 and Executive Director of American Transaction Processors Coalition. “With regulators involved from the beginning, we can accelerate the growth of payments technology to unbanked and underbanked populations with fewer unexpected roadblocks.”
2nd Annual International Payments Conference: Oct. 9-10
This year, P20 visits Atlanta for the first time on Oct. 9 and 10. The Atlanta History Center will host the second annual meeting with more than 100 senior leaders representing government agencies, industry advocacy groups and payments processors from both the U.S. and the U.K.
P20’s goals for the second year of the conference include:
Promoting awareness of the unique and growing position the payments industry holds in the global economy
Identifying challenges and opportunities in policies governing the payments industry
Collaborating internationally to offer best practices for the four guiding pillars of P20 – cybersecurity, innovation, regulation and financial inclusion
The conference will include updates from internal working groups with the pressing issues of cybersecurity and regulation taking center stage first. The working groups will meet throughout the year, providing continued communication on progress in these areas.
Need for international coalition for the payments industry
Designed to be the “Davos of Payments,” P20 was created by the American Transaction Processors Coalition and held its inaugural conference last October in London. P20 brings together global executives in payments technology, business, economic leaders and government regulators to advance P20’s purpose of supporting and expanding payments worldwide. With financial technology growing and evolving at breakneck speed, the goal is to create universal rules and regulations for the payments industry.