Expansion supports development of new technology to help businesses grow in the digital age
Elavon, a global leader in payment processing, has expanded its presence in Atlanta with a build-out at the Concourse campus in the city of Sandy Springs. Elavon has also hired 120 new employees in the past year as it expands its ability to offer more businesses safe, secure payment options for their customers.
As part of the investment, and to support future growth, Elavon plans to hire approximately 500 employees globally over the next three years. It currently employs more than 850 people in Atlanta and more than 4,500 worldwide. With the expansion, in addition to the three floors Elavon occupies in building two of the Concourse Office Park, it now has space in the adjacent Four Concourse Parkway building.
The rapid shift of cash to digital payments is changing not only how merchants sell, but also how they accept, process payments and engage with their customers. Businesses increasingly rely on their point-of sale systems to better help them run and grow their business with embedded, data-rich capabilities such as sales forecasting, payroll and accounting.
“The FinTech community in Atlanta continues to pave the way for innovation in payments, and we are proud to expand our presence here,” said Jamie Walker, CEO, Elavon. “The new, collaborative space expands work we’ve been doing in our innovation centers, the Grove and Greenhouse, and gives employees flexibility to collaborate in an agile way, listening to customer feedback, thinking about how we can make our products and services better and ultimately help merchants grow their business. We are continually looking to attract great talent to our team and give them a modern, open office environment.”
In addition, Elavon has recently invested in FinTech with the acquisition of CenPOS, a Miami-based company offering integrated payment software solutions that provide omnichannel payment acceptance to large enterprise customers and Electronic Transaction Systems (ETS), a financial technology company based in Virginia.
Efforts to lease the Concourse campus were supported by the City of Sandy Springs and the Georgia Department of Economic Development
Notes to editors
About Elavon
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorization and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank online or follow on social media to stay up to date with company news.
Visit U.S. Bank and Elavon online or follow on social media to stay up to date with company news.
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Contact:
Teri Charest, Public Affairs and Corporate Communications