The American Transaction Processors Coalition (ATPC) today announces the launch of its new COVID-19 Task Force. This new group will be comprised of ATPC member company Chief Risk Officers, COVID-19 team leads, and Business Continuity Managers, to take a deeper dive into their concerns. The Task Force is being led by Carolyn Homberger, EVP & Chief Risk Officer for ACI Worldwide (an ATPC Board Member).
The payments industry, including processors, network brands, banks and others, have played a critical role in the American economy during this time of unprecedented crisis. The international payments industry, centered primarily in the United States, is ensuring that commerce continues in our country and across the world in the face of great and ever-increasing challenges. America’s payments processing companies are working around the clock to keep economies in North and South America, Europe, Asia and Africa operational.
America’s payments “processing” industry – largely concentrated in Atlanta’s “Transaction Alley” – is responsible for enabling business and consumer transactions across all sectors of the economy here and abroad. The industry, which employs well over 100,000 people nationally, creates the credit and debit cards, prepaid cards, gift cards and payments terminals and processes the transactions that enable America’s economy to move, especially in times of crisis like the Novel Coronavirus and COVID-19 outbreak.