Jonathan O'Connor, Division President, Third-Party Payments at Synovus | Episode 428
Description
Jonathan O'Connor brings a unique global perspective to the payments landscape as Division President of Third-Party Payments at Synovus, the oldest bank in Georgia. His journey from Dublin, Ireland to becoming a key player in Atlanta's "Transaction Alley" reveals how traditional banking and cutting-edge fintech can create powerful synergies.
At Synovus, community remains the cornerstone of their approach. With $61 billion in assets, 244 branches, and nearly 5,000 employees, the bank has built its reputation on exceptional customer service and deep community engagement. O'Connor leads three key divisions: merchant services supporting bank customers, a sponsorship bank division enabling ISOs and fintechs to process card transactions, and a Money as a Service operation. What truly sets them apart is their consultative approach - they don't just provide payment processing but help businesses leverage payment data for growth while protecting against fraud.
O'Connor's wealth of global payment experience shines throughout the conversation. From conducting Y2K reviews across Africa to witnessing the birth of e-commerce with early versions of now-giants like Adyen, his career spans continents and transformative industry shifts. Now firmly established in Atlanta's fintech ecosystem as Vice Chairman of Fintech Atlanta, he's passionate about positioning Synovus at the heart of "Transaction Alley" where 70% of global payments flow through.
His enthusiasm for mentoring the next generation of payment professionals is evident as he shares his work with UGA students launching their own payment company. His advice resonates for anyone in the industry: "Be passionate but link passion with purpose. Be curious, embrace change, build your brand, and play in traffic." Looking ahead, O'Connor sees transformative changes on the horizon with agentive AI, stablecoins, and blockchain reshaping how payments function - though he cautions that technology continues outpacing regulation.
Discover how Synovus is bridging traditional banking with payment innovation and why Jonathan believes we're on the cusp of the most significant transformation the industry has ever seen.