The rapidly growing intersection of finance and technology has revolutionized the payment processing industry, resulting in the rise of both innovative services like peer-to peer-lending, crowdsourcing, eBanking and ePayments, and the need for attorneys experienced in this area. Ifrah Law’s attorneys fill that need.
On behalf of a wide variety of domestic and international banking and payment processing entities, Ifrah Law has a strong track record for trying and winning cases across venues and for successfully concluding matters with private litigants, the Department of Justice, the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), the Securities Exchange Commission (SEC), and the Commodities Futures Trading Commission (CFTC).
Ifrah attorneys are active in matters on the cutting edge of this expanding field, ranging from advising financial services clients on emerging issues in crowdfunding to representing clients placed on the Department of Treasury’s Office of Foreign Assets Control (OFAC) sanctions list.
Our in-depth knowledge of the payment industry, added to our established litigation track record in financial services, privacy and data protection and marketing and consumer protection, enables us to protect your business and your concerns. Within the organizational structure of a client’s particular business, we work with senior executive management, legal counsel, risk professionals, sales representatives, merchant services team members, and other appropriate core staff to identify and mitigate risk.
We know how to balance aggressive legal tactics with practical concerns in order to represent you most effectively and recommend strategies that put you at the least personal and professional risk. And we stay with you and your case throughout the entire process, representing you from start to finish.
Ifrah Law advises clients on matters relating to payment processing, electronic payments and merchant transactions, including the following representative matters:
- Drafting, negotiating and enforcing agreements between banks, processors, and other financial services and payment processing parties and vendors
- Developing policies and best practices for monitoring and managing risk with merchants
- Compliance with financial and consumer protection regulations
- Defense of banks and payment processors in matters relating to merchants, reserve accounts, and third party claims
- Responding to investigations, requests for information, and government subpoenas
- Privacy matters relating to eCommerce and the use of consumer data under regulatory initiatives, like the FTC’s proposed revisions to the Children’s Online Privacy Protection Act rules, the Privacy Bill of Rights, and self-regulatory projects like the Digital Advertising Alliance’s and the World Wide Web Consortium’s “Do Not Track” standards
- FinCEN Registration and state licensing of money services businesses
- Virtual currency business, such as Bitcoin
- Anti-Money Laundering (AML) policy drafting, including drafting data security policies, employee screening, and encryption
- MATCH/TMF Merchant support
- Merchant reseller agreements
- Merchant processing affecting continuity / rebill model
- Internal audits of merchants for ISOs / payment processors
Monday, Mar 20, 2017
Friday, Mar 24, 2017