Atlanta: Payment Processing Central

In the guest chair: 

H. West Richards & Dana Barrett

H. West Richards & Dana Barrett

H. West Richards, Executive Director of the American Transaction Processors Coalition joined Dana live in studio to talk fintech, payment processing and cyber security.

The American Transaction Processors Coalition represents the more than 70 Georgia-based companies that develop the products and provide resources supporting the financial service industry’s technology needs. Members of Georgia’s “Transaction Alley” seek to tell their stories to media, Congress and regulators in Washington, and elected officials under our Gold Dome to ensure they remain competitive and continue to provide vital, high-paying stable jobs in the region.

In the headlines:

  • AT&T has launched Gigabit Internet Service in Atlanta and Sandy Springs. They beat Comcast to the punch (who announced they’re launching later this month). BUT… when Comcast does launch, they’ll be covering the whole metro area with 2 Gigs instead of 1.
  • Orlando, Florida based AssureSign has acquired Third Party Verification and is moving to Atlanta Tech Village. They say the reason for the move is to be closer to the tech talent we have here in town.
  • The new Falcons stadium price tag has gone up again another $100 million to $1.5 billion. The original estimate was $950 million, then it went up to 1.2 billion, then 1.4, now 1.5… but Arthur Blank still feels like it’s a great investment. And not to worry taxpayers… all this overage is on him, not you!
  • Coca Cola wins and loses some big sports contracts. On the plus side, they’ve scored a 4-year contract with Major League Soccer. On the down side, they lost the contract with the NBA to Pepsi.
  • Georgia Tech’s business school is ranked 15 out of the top 25 in Time Magazine. Time calculated the top 25 business schools based on return on investment. Tech ranked 15 out of 25 for those who pay in-state tuition. (This article was also supported by Fortune).
  • New technology will allow more departures at Atlanta’s Harts­field-Jack­son In­ter­na­tional Air­port. The Fed­eral Avi­a­tion Ad­min­is­tra­tion has launched new Nav­i­ga­tion tech­nol­ogy that will allow pi­lots to fly “pre­cise paths with pin­point ac­cu­racy,” so air traf­fic con­trollers don’t have to keep an ex­tra cush­ion of space around each plane to ac­count for va­garies of its ex­act lo­ca­tion. This al­lows planes to take off in four de­par­ture paths instead of three. As a re­sult, the air­port can han­dle 8-12 more departures per hour, sav­ing fuel and re­duc­ing taxi time.

Other stuff:

Can we really get more done with less? Join The Dana Barrett Show Business Book Club as we discuss ZILCH: THE POWER OF ZERO IN BUSINESS by Nancy Lublin on Monday, April 20th at South City Kitchen in Vinings! Get all the details and sign up to attend here: http://www.meetup.com/DBShow/.

Help us #NameThePenguin! Send in your suggestions via Twitter @DanaHBarrett and @biz1190. We’ll announce the winning name on April 25 for World Penguin Day. Want to know the story? Listen here: http://bit.ly/1C2EAlc.

For other events and appearances, check out Dana’s event calendar: http://danabarrett.com/events/.

By | 2015-04-14T17:47:18+00:00 April 14th, 2015|Show Notes|0 Comments

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