ATPC and TFC Deliver First Transatlantic Fintech Exchange

The Island of Ireland has taken on increased significance in a post-Brexit world. And the American Transaction Processors Coalition took a big step towards cementing critical relationships and policy leadership with leading trade groups, businesses and government leaders in the Republic of Ireland and Northern Ireland through the new Transatlantic Fintech Exchange.

This one-of-a-kind “unconference” allowed a delegation of ATPC dignitaries to address the following key themes during a week-long visit:

  • Future of payments
  • Workforce development
  • Regulatory and legislative intersections: EU, UK, and USA
  • Academia: Best practice and exchange opportunity

Ireland is now a critical linchpin between U.S., EU, and UK policy, and business trends. In fact, a growing number of ATPC member companies and sponsors have European HQs and talent on the island. That is why the ATPC united with The Fintech Corridor (TFC) to offer a one-of-a-kind exchange driving Transatlantic workforce development, policy best practices, investment, and internationalization for the payments processing and fintech industries.

The event took place May 13-17 with activities centered in Dublin and Belfast, and along the “Fintech Corridor.” Highlights included a Memo of Understanding (MOU) between TFC and the ATPC to drive future conferences and ongoing economic investment, workforce development, and public policy collaboration. A second MOU was signed between TFC (on behalf of Ulster University) and The Georgia Fintech Academy and the ATPC to drive academic exchanges, co-curricular development, and workforce investments.

Speakers and notable participants included:

  • Neale Richmond, Minister of State at the Department of Finance (Republic of Ireland)
  • Siobhan Hanley, IDA International Financial Service Head of Fintech & Payments,
  • Karen O’Leary, Central Bank of Ireland
  • Aundra Wallace, President, JAX USA Partnership
  • Rt. Hon. the Lord Mayor of Belfast, Councillor Ryan Murphy
  • Invest NI, CEO Kieran Donoghue
  • Laura Gibson-Lamothe, Executive Director, Georgia Fintech Academy
  • Professor Danielle McWall, Head of Department of Accounting, Finance and Economics, Ulster University Business School
  • Minister for the Economy of Northern Ireland Conor Murphy
  • Margaret Hearty, CEO InterTradeIreland

The TFC and ATPC are actively planning a “return event” for next year in Atlanta’s Transaction Alley. And another ATPC delegation will visit Ireland this August to participate in a State of Georgia economic development road trip.

TFC, the primary Cross-Border Fintech Cluster on the island of Ireland is a pathway for industry leaders, businesses, academic institutions, and development agencies to provide economic growth opportunities for the financial and technology sector in the region between Belfast and Dublin. TFC provides a unique opportunity to collaborate between north and south while focusing on the wider aspects of developing partnerships and positioning the Dublin to Belfast region as the most attractive and accessible location for Fintech on the island and as a gateway for fintech companies to Europe, whilst connecting EU&UK fintech.

The ATPC is a leading voice for America’s payments processors, driving awareness of the industry and its value to consumers, businesses, and the economy with legislators and regulators at federal, state, and international levels. The ATPC is rooted in Georgia’s Transaction Alley where electronic payments and the fintech industry began. Yet, our members enable payments in states across the nation and in every corner of the globe. The ATPC has a rich history of economic development, thought leadership, and engagement on legislative and regulatory topics like cybersecurity, privacy, financial inclusion, fraud, as well as emerging themes like open banking, AI, and stable coins. At its core, the ATPC is an advocacy organization focused on furthering the interests of the payments processing industry throughout federal and state government ecosystems.

And the ATPC has an unparalleled international pedigree having developed P20, a first of its kind annual Transatlantic payments thought leadership forum for the top industry leaders to meet and share perspectives with U.S. and U.K. legislators and regulators; the event covered industry challenges and how best to promote US/UK and EU regulatory frameworks across the globe against the backdrop of a rising China.