P20 convenes top business leaders, government officials and regulators to discuss the future of the payments industry
October 2nd, 2019 – Atlanta and London – Bluefin, the leading provider of payment security technologies and PCI-validated point-to-point encryption (P2PE) solutions for retail, hospitality, healthcare, and higher education announced that the company’s Product Advisory Board member, Rodney Farmer, will participate in this year’s P20 on October 3rd.
P20 is an invitation-only conference that brings together global payments industry leaders, government officials and regulators to develop solutions to effect positive change in the industry. The annual conference highlights the importance of payments and fintech to the world economy, with a focus on global collaboration to drive industry growth through regulatory frameworks, economic development, innovation, financial inclusion and overall cooperation. The three key themes of this year’s P20 include Regulation, Cybersecurity and Financial Inclusion.
The concept for P20 was formed in 2016 when leaders of the Atlanta-based American Transaction Processors Coalition (ATPC) brought together representatives of the U.S. and the UK payments industry, government and regulators. The inaugural P20 conference was held at Lancaster House in London in October 2017.
“Now in its third year, P20 is bringing together the leaders of the global payments industry to collaborate and drive positive change for the industry,” said P20 Executive Director Duncan Sandys. “With our goal being to make payments accessible, affordable and secure for all, the P20 Conference in London is an important milestone in what promises to be another productive day for the global payments industry.”
Rodney Farmer, member of Bluefin’s Product Advisory Board, will participate on this year’s Regulation panel: Combating Fraud & Criminal Transactions. The panel will be moderated by Steve Ledford, SVP Product & Strategy, The Clearing House, and will also include John Hutton, Director of Payments, Nationwide Building Society, and Emily Reid Partner, Hogan Lovells.
“While enforcement may vary, AML and KYC rules are ubiquitous and genuinely working to limit access to financial services by criminals,” said Rodney. “Strong Customer Authentication, SCA, enables user authentication via online channels thus, digitizing payments and minimizing transaction fraud. These are enormous undertakings that are necessary to protect our financial assets and transactions and enable our banks to compete in a frictionless world. “I am very pleased to participate in this year’s P20 and share my regulatory, cybersecurity and financial knowledge.”
The conference encapsulates progress on P20’s work throughout the year and sets the action plans for 2020.
“With key leaders from the payments industry, plus government and regulatory officials meeting together in the same room, we have the ability to effect change in payments and cybersecurity, not only on a transatlantic scale, but globally,” said John M. Perry, CEO, Bluefin. “Bluefin is working with P20 to foster collaboration that offers best practices across cybersecurity, regulation, innovation and financial inclusion.”
P20 is an international payments initiative for thought leadership and action linking together Atlanta’s “Transaction Alley” and world financial capital London to make payments accessible, affordable and secure for all. Designed to be the “Davos of Payments,” P20 unites top global executives in payments technology, business, economic leaders and government regulators to advance the expansion of payments worldwide. For more information, visit www.payments20.com.