Mobile payments that use a mobile device like a smartphone or tablet to transfer funds to people or businesses are growing in popularity among consumers. Banks and other financial service providers, however, must still comply with existing laws and regulations—while being compelled to work with a variety of vendors that do not have the same legal strictures.
What are the risks and supervisory issues inherent in this new financial service? Find out in this CLE program on mobile payments.
Join Venable partners John Beaty and Rick Joyce, experienced with issues involving financial services and wireless communications and a representative from the U.S. Treasury, for a concise discussion that identifies risks associated with:
- mobile payments;
- what current regulations apply; and
- best practices for compliance with laws affecting mobile payments and associated technologies.
For information and registration, please click here.