You're Invited!
Nelson Mullins invites you to a one-hour webinar entitled, "Brokered Deposits Best Practices for Bank Fintech Partnerships," on July 25. Partners Brad Rustin and Craig Nazzaro along with associate Marianna...more
Join us for the next edition of FinTech University as we focus on FinTech and bank regulations. This webinar will examine how bank regulations affect the FinTech industry (and vice versa), and what banks need to know when...more
With Russia’s invasion of Ukraine last week, we saw a swift response by the U.S. beginning with President Biden’s Executive Order 14024 (“The EO”) and followed quickly by the Office of Foreign Assets Control’s (“OFAC”) severe...more
3/2/2022
/ Blocked Person ,
BSA/AML ,
Economic Sanctions ,
Financial Institutions ,
Financial Services Industry ,
Financial Transactions ,
FinTech ,
Foreign Policy ,
Know Your Customers ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine ,
Wire Transfers
The battle over blockchain technology and digital assets bears a striking resemblance to the debate over the potential of the internet in the mid-1990s. Where critics see a passing fad with little actual utility or a lawless...more
2/25/2022
/ Anti-Money Laundering ,
Banks ,
Bitcoin ,
Blockchain ,
Competition ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Digital Wallets ,
Distributed Ledger Technology (DLT) ,
Financial Instruments ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Virtual Currency
Continuing the FinTech University series, please join Richard Levin, Jody Porter, Brad Rustin, Craig Nazzaro, and Kevin Tran for a program focusing on FinTech and the automotive industry. The session will include 10 minutes...more
Continuing the FinTech University series, please join Richard Levin, Katherine Baker, Craig Nazzaro, and Kevin Tran for a program focusing on FinTech and gaming. The session will include 10 minutes of Q&A at the end....more
Continuing the FinTech University CLE series, join Richard Levin, Craig Nazzaro, and Kevin Tran for this one-hour session on digital assets including Bitcoin, Ethereum, XRP, Dogecoin, other tokens, and NFTs. The last 10...more
9/28/2021
/ Bitcoin ,
Continuing Legal Education ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Ethereum ,
Financial Services Industry ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Webinars
Launching the Nelson Mullins FinTech University series, join Richard Levin, Brad Rustin, Craig Nazzaro, and Kevin Tran for a program focusing on FinTech and how it is reshaping the world. This first one-hour CLE will...more
Within a recent address to an industry conference, Dr. Lael Brainard, a member of the Board of Governors of the Federal Reserve System (FRB), drove home her belief that the adoption of stablecoins over a U.S. Centralized Bank...more
Sherrod Brown, the Chairman of the Senate’s Committee on Banking, Housing, and Urban Affairs recently sent a letter to Michael Hsu, the Acting Comptroller expressing his concern over a number of national trust charters...more
On March 29, 2021, the primary federal bank regulators (the Federal Reserve, CFPB, the FDIC, the NCUA, and the OCC) issued a request for information to gain input on the growing use of Artificial Intelligence (“AI”) by...more
4/2/2021
/ Artificial Intelligence ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
NCUA ,
OCC ,
Popular ,
Risk Management
So let’s dance this last dance. On Jan. 4, 2021, the Office of the Comptroller of the Currency (“OCC”) published a Chief Counsel’s Interpretative Letter (the “Letter”) confirming the authority of national banks’ and federal...more
The Consumer Financial Protection Bureau (“Bureau” or “CFPB”) Taskforce on Federal Consumer Financial Law (“Taskforce”) released a two-volume report, on January 5, 2021, providing an examination of the existing legal and...more
The Office of the Comptroller of the Currency (“OCC”) issued its long-anticipated final rule on Oct. 27, to establish a “simple, bright-line test” to determine when a national bank or federal savings association has made a...more
In early August an Assurance of Discontinuance (the “AOD”) was entered into by all parties in the actions brought by the Colorado Attorney General and the Colorado Uniform Consumer Credit Code Commissioner against Avant of...more
Join Brad Rustin, Craig Nazzaro, and Mark Miller as they cover the shift in customer needs and experience and the impact this shift has on your BSA/AML/KYC concerns, CRA program, and fintech partnership risks. They will also...more
6/5/2020
/ Banking Sector ,
BSA/AML ,
Coronavirus/COVID-19 ,
CRA ,
Financial Services Industry ,
FinTech ,
Fintech Charter ,
Know Your Customers ,
Risk Management ,
Sandbox ,
Webinars
Seven states have agreed to a multi-state compact standardizing key aspects of money services business (MSB) licensing. As of today, Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas, and Washington have joined into...more