Jenner & Block’s Payments Practice delivers comprehensive, business-oriented legal counsel to clients across the payments sector, guiding them through complex regulatory landscapes, emerging technologies, and evolving market dynamics. Our team works with a diverse array of clients, from global financial institutions and established fintechs to innovative startups, ensuring they can confidently navigate the challenges and opportunities presented by today’s rapidly evolving payments ecosystem.
We assist clients at every stage of the payments lifecycle, from structuring and negotiating complex commercial arrangements to ensuring compliance with regulatory filing and reporting requirements. Whether you are developing new products or expanding into new markets, our team is equipped to provide forward-looking, practical solutions that mitigate risk while maximizing opportunity.
We deliver clear, practical, and actionable advice that helps clients successfully navigate the complex and dynamic payments industry. Whether you are addressing regulatory challenges, launching innovative products, or managing transactions, our team provides the legal knowledge and strategic support necessary to help your business thrive in today’s competitive payments landscape.
Representative Matters
- Advised Fintech small business lender on new product parameters involving payments, cryptocurrency regulatory, AML, data privacy, and MTL constraints.
- Advised Fintech payment company on relative AML and sanctions screening requirements of bank and fintech partners in transactions.
- Advised hotel chain on appropriate gift card parameters and terms.
- Represented a leading cryptocurrency payments platform in enforcement proceedings related to alleged anti-money laundering and cybersecurity deficiencies before NYDFS.
- Represented Fintech merchant payments platform in responding to Report of Examination and referral to enforcement, including detailed outline of compliance enhancements responsive to MRAs and MRIAs and advocacy regarding appropriateness of referral.
- Represented a global payment processor for an ecommerce platform in DOJ and state regulatory investigations related to AML compliance.
- Represented large payments processor in putative class action alleging violations of CIPA based on recording practices of third-party service providers, leading to a resolution on materially better terms than settlement plaintiffs obtained from co-defendants.
- Advised clients on regulatory issues related to virtual currency payments licensing and compliance obligations.
- Represented a major cryptocurrency payment service in connection with an NYDFS enforcement resolution, ongoing supervision, and various state regulatory matters related to anti-money laundering and cybersecurity.
- Advised digital assets payments company on information sharing obligations with bank partner related to card program.
- Advised payments company on complaints handling procedures.
Key Contacts
Key Contacts