Are you exploring new payment offerings and partnerships? Do you know what options are available and which regulations apply? Now is the time to learn more about the major categories of cutting-edge payments.
- Discuss why financial institutions need to consider cutting-edge payment options
- Distinguish the three most relevant categories of cutting-edge payments
- Understand related regulatory and fraud considerations
- Know what to look for when exploring new payment offerings and partnerships
- Identify relevant issues when banking these types of companies
- Explain what is on the payments horizon
Join us for an overview of the three major categories of cutting-edge payments that financial institutions are increasingly involved with:
- Financial institution-native payments, such as Zelle, Popmoney, and iPay
- Financial institution non-native payments, such as Apple Pay, Google Pay, and Samsung Pay
- Non-financial institution payments that still create transactions to accounts, such as PayPal, Venmo, and Square Cash
Participants will learn about key regulatory topics, error and fraud detection issues, and subsequent resolution within the different cutting-edge payment services regarding financial institution operations and potential liability. In addition, this session will highlight key contractual provisions with non-bank, cutting-edge payments service partners and the potential impacts of real-time payments.
Erin Fonte, Hunton Andrews Kurth LLP
Erin Fonte is a partner and co-head of Hunton Andrews Kurth’s Financial Institutions Corporate and Regulatory team in the Austin office. She assists clients with matters related to FinTech, payments/payment systems, digital commerce, banking and financial services, banking operations, products and services, and related regulatory and compliance matters. Erin’s practice is increasingly focused on blockchain, artificial intelligence, big data, and connected devices/Internet of Things issues related to financial services. She frequently writes and speaks on FinTech, payments, and privacy and data security issues.