Comprehensive Support for Payment Innovation
With experience across traditional financial services and emerging fintech models, Sheppard supports clients bringing new payment solutions to market in a fast-moving sector.
Our Payments team provides end-to-end support, including nationwide licensing strategy, regulatory approvals, ongoing compliance and engagement with regulators. We also advise on federal oversight by FinCEN and the CFPB, including the development and implementation of risk-based BSA/AML programs, audits and training.
Our lawyers support clients launching and scaling a wide range of payment models, including credit, debit and prepaid card programs, peer-to-peer applications, merchant acquiring, digital wallets, stablecoin-enabled payment and settlement arrangements, and other account-based or token-enabled payment models. We regularly counsel on advertising, consumer disclosures, data privacy, cybersecurity, and risk management, and structure and negotiate vendor, processor and bank partnership agreements that align regulatory obligations with commercial objectives.