{"id":1537,"date":"2016-08-23T05:01:59","date_gmt":"2016-08-23T05:01:59","guid":{"rendered":"http:\/\/htm5.org\/fulton\/?page_id=1537"},"modified":"2016-08-24T19:01:49","modified_gmt":"2016-08-24T19:01:49","slug":"financial-it","status":"publish","type":"page","link":"https:\/\/www.hillstreetlofts.com\/test\/industry-focus\/financial-it\/","title":{"rendered":"Financial IT"},"content":{"rendered":"

[vc_row row_height=”pls_fixed_height” row_fixed=”430″ bk_element=”image” bg_image_repeat=”pulse_cover” bg_image=”1774″ el_id=”top-image”][vc_column width=”1\/1″][\/vc_column][\/vc_row][vc_row bg_color=”#f8f2e5″][vc_column][vc_row_inner el_id=”sf-inner-container”][vc_column_inner width=”3\/4″ el_class=”sf-container-text”]

<\/div>

Financial Services Technology (FinTech)<\/h1><\/div>
<\/div><\/div>[vc_column_text]<\/p>\n

Industry Overview<\/strong><\/h2>\n

Georgia is 3rd<\/sup> in the nation, just behind New York and California in FinTech revenue. Georgia FinTech companies have produced more than $83 billion of shareholder value since 1995 and revenues are more than $34 billion annually. Here, there is a convergence of three key sectors: finance, IT, and software, all of which have a strong presence in Atlanta, along with an abundant IT, software and financial labor force. According to the American Transaction Processing Coalition (ATPC), 70% of all U.S. payments are processed through Georgia\u2019s \u2018Transaction Alley.\u2019<\/a><\/p>\n

Atlanta, along with the surrounding areas of Georgia, has evolved to become the epicenter of a growing segment of the financial services industry \u2013 a sector often known as Financial Technologies or FinTech. This sector encompasses the product and service companies that support the technology needs of the financial services industry and, ultimately, the payment-processing infrastructure of the economy.<\/p>\n

The FinTech industry includes; Trade Payments, Electronic Billing & Presentment, Retail Banking Solutions, Capital Markets, Identity\/Analytics\/Risk, Prepaid\/Loyalty & Points, Gateways\/Alternative Payments, and Card Processing\/POS.[\/vc_column_text]

<\/div>
<\/div>
<\/div>

Labor Force<\/h2><\/div>
<\/div><\/div>[vc_column_text]FinTech has brought approximately 1,331 companies into Fulton County, employing around 24,664 individuals and paying out $2.6 billion in salary. Over five year from 2007 to 2012 the FinTech industry in Fulton County saw a 1.5% increase in the number of businesses related to the industry and a 1.03% increase in the amount of salary being paid to employees within the industry.[\/vc_column_text]
<\/div>
<\/div>
<\/div>

Educational Programs<\/h2><\/div>
<\/div><\/div>[vc_column_text]<\/p>\n