This webinar will provide an overview of the current US fintech business, legal and regulatory landscape for 2022. It will include a quick primer on unique US fintech business and regulatory issues, and an overview of key gating issues for both US- based and non-US fintech companies wishing to operate in the US (for example, whether to partner with a US financial institution or seek remittance licensing). The presentation will also address “Banking-As-A-Service” as it evolves in the US, specific regulatory considerations for banking/payment and lending products, and the emerging trend in banking and certain cryptocurrency services.
We will also discuss key projected US regulatory trends and developments for 2022 that will impact fintech products and operations, including: open banking (and how the US differs from other countries/regions in terms of access to financial data); real-time payment trends and offerings in the United States; the future of “buy now, pay later” products and current assessment by the US Consumer Financial Protection Bureau (and state regulators); and an overview of planned regulatory actions regarding cryptocurrency and blockchain-based financial services (eg, decentralized finance or “de-fi”).
The webinar will be critical for both US-based fintech companies, non-US fintech companies looking to enter the US market, and US-based financial institutions currently working with, or looking to work with, fintech partners or provide a version of “Banking- as a service.” Join one of Hunton Andrews Kurth’s leading fintech practitioners to learn about opportunities, product and regulatory considerations, and projected developments within the evolving US fintech market
The content of this article is intended to provide a general guide to the subject. You should seek specialist advice about your specific circumstances.
