Moderated by Rick Badie
Today, an advocate for the payment processing industry writes about our standing in a growing financial sector that employs thousands of Georgians. A companion essay outlines the alliance between the UK and the U.S. in the fight to thwart national and regional cyberthreats. The third column deals with water quality regulations of the Chattahoochee River at Peachtree Creek.
Growth in payment processing
By Jason Oxman
Not long ago, checkout line clerks asked “cash, check or charge” more often than “paper or plastic.” But with double-digit declines in cash and check usage at the register, electronic payments have become the ubiquitous way to pay. And because more than 70 percent of the $5 trillion in annual U.S. payments transactions flow through Georgia businesses, that’s great news for the state’s position among the nation’s financial technology hubs.
Jason Oxman is the chief executive officer of the Electronic Transactions Association.
Strong allies against cyberattacks
By Jeremy Pilmore-Bedford
The world is becoming increasingly interconnected. The digital revolution has led to huge advances in freedom, knowledge, health, commerce and well-being. As both the UK and the U.S. continue their reliance on networked information systems, the security of those systems become increasingly important. The United States and UK are the biggest investors in each other’s economies and both countries promote an open, vibrant, safe and stable cyberspace. However, our governments are keenly aware that the global cyberthreat represents one of the most serious risks to national security, peace and prosperity facing society today.
Jeremy Pilmore-Bedford is the Atlanta-based British Consul General.