ATPC Industry Town Hall, sponsored by InCommWednesday, April 16, 2014 12:00 AM-Wednesday, April 16, 2014 12:00 AM
The American Transaction Processors Coalition (ATPC) hosted a town hall meeting to help educate 400-plus industry employees, chamber of commerce executives, university leadership and elected officials from Congress, the Georgia General Assembly and local governments across metro Atlanta about Transaction Alley.
The program, sponsored by InComm, featured an impressive collection of speakers, including: Atlanta Mayor Kasim Reed; Congressman Tom Price (R-GA); ATPC Executive Director H. West Richards; InComm COO and CFO Scott Meyerhoff; and a panel with Worldpay, U.S. President and CEO Tony Catalfano, FIS Chief Administrative Officer/SVP Susan Lorenz, and Raymond James Analyst Wayne Johnson.
Panel participants informed the dignitaries in attendance that more than 40,000 employees work directly for 70-plus Georgia-based transaction processing companies within an area known as Transaction Alley. These companies generated more than $30 billion last year, far exceeding other well-known Georgia industries like life sciences ($17 billion) or film ($3 billion). Transaction Alley revenues equal that of the entire U.S. movie industry, and is dominated by Atlanta, just as L.A. dominates films.
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