As the financial landscape continues to evolve, financial institutions and fintech businesses, including payment processors and money transmitters, are facing increased regulatory scrutiny and heightened consumer expectations. Our dedicated Payments team is at the forefront of these changes, actively addressing the full spectrum of legal challenges in this intricate and ever-evolving sector.
We are proud to present our 2023 Payments Year in Review, a comprehensive report outlining the legal and regulatory developments set to shape the payments industry in 2024. This review includes detailed reports on activities from the Consumer Financial Protection Bureau and Federal Trade Commission, as well as developments involving FedNow, the Money Transmission Modernization Act, and Nacha.
Our team has prepared this analysis with the aim of keeping you fully informed and better equipped to implement your business strategy. We are committed to helping our clients prevent business disruption, minimize risk, and achieve their goals.