We are pleased to announce that Troutman Sanders partner Keith Barnett will be a featured speaker during a live webinar entitled “UDAAP and Third Party Payment Processors” on Monday, March 7 from 12:00 noon to 1:00 p.m. EST.  

In its enforcement actions, the Consumer Financial Protection Bureau has expanded the scope of what it means to engage in acts that are considered to be an unfair, deceptive, or abusive act or practice (UDAAP).  As a result, it is difficult for payment processors to determine what conduct amounts to a potential UDAAP. 

In this complimentary webinar, Keith will join Marsha Jones of the Third Party Payment Processors Association (TPPPA) to provide a review and analysis of the CFPBs interpretation of UDAAP and to provide insight into how that interpretation affects the daytoday activities of payment processors.