Mayor Kasim Reed joined Governor Nathan Deal Tuesday to announce the expansion of InComm, an payments and transactions company which will create 275 jobs and invest $20 million in metro Atlanta starting immediately, and continuing through 2016.

InComm will conduct its due diligence at four surrounding locations in the metro area, expanding their Atlanta headquarter operation and their call-center in Peachtree Corners, opening a new data center in Suwannee and creating additional positions in information technology and network support at their existing Alpharetta location.

“Our city has emerged as a major hub for the Financial Technology industry and as a center of innovation because of our world-class colleges and universities, our strong pool of local talent, and our support of startups and entrepreneurs,” said Mayor Reed.

“Today, 70 percent of the country’s financial transactions are processed through systems operated by Georgia-based companies,” said Governor Deal. “InComm’s decision to continue investing and creating jobs in metro Atlanta speaks to Georgia’s status as a hub for the financial technology industry.”

The Georgia Department of Labor will assist InComm throughout the hiring phase of this project.