In the rapidly changing world of financial services, payment processors, money transmitters, and other fintech businesses are grappling with an increase in regulatory scrutiny and consumer expectations. Troutman Pepper’s dedicated Payments team is actively engaged in addressing these challenges, providing legal support to clients throughout their business cycles.
We are delighted to share our 2023 Payments Year in Review, a comprehensive guide to the legal and regulatory developments that will influence the payments industry in 2024. This review covers activities from the Consumer Financial Protection Bureau and Federal Trade Commission, as well as key developments involving FedNow, the Money Transmission Modernization Act, and Nacha.
Our team has compiled this analysis to keep you informed and ready to adapt your business strategy to the latest trends. We strive to help our clients prevent business disruption, minimize risk, and achieve their goals.