Compliance & Regulatory Track

Rules and regulations are the bedrock of financial services and payments, and provide the necessary surety for transactions. Understanding the most crucial concepts and innovations will lead to positive, competitive results.


Banking Legal Cannabis Businesses: Managing Risks Through Effective Compliance

This panel discusses how credit unions are effectively managing the risks inherent in the cannabis industry. Attendees receive practical compliance tips – from the initial KYC to monitoring transactions and managing risk. Learn about NCUA's position on cannabis banking and discuss how other financial regulators and law enforcement have approached this issue. Also learn about issues related to insurance and individual liability in case things go wrong.

Questions to be answered in this session:

  1. What can we learn from financial institutions that are banking the cannabis industry?
  2. What position are regulators and law enforcement taking with regard to banking the cannabis industry?


Randall Lehner
Partner, Kelley Drye & Warren, LLP

Philip DS Martin, CAMS
Head of Compliance, Titan Vault, LLC

Co-presenter to be announced

Moderated by: Matthew C. Luzadder
Partner, Kelley Drye & Warren, LLP

**CLE eligible session

Coping (Together) with Changes in the Payment Regulatory Environment

The payments landscape, and the regulatory environment surrounding it, is evolving quickly. These changes are impactful to everyone in the payments ecosystem. The panel will discuss the impact of this regulatory churn, and how everyone can work together to continue to innovate, while maintaining a safe and secure faster payments system.

Questions to be answered in this session:

  1. What are the main challenges in the regulatory environment?
  2. How will regulatory changes shape the future of payments?


Jason Carone
Product Management Director, Silicon Valley Bank

Shannon-Lee Eng
Compliance Lead, Square

Aneetha Vijay
Director of Product, Payments and Partners,

Moderated by: Jane Hennessy
Senior Director, VISA B2B Connect, VISA

Fintech Bank Charters: Digital-Only Financial Institutions & Implications for Payments

Digital-only financial institutions have been entering the payments space at an increasing rate. This trend is only set to increase if more fintechs successfully obtain bank charters. Panelists in this session discuss results from having worked with a number of fintechs at various stages of the bank chartering process. Attendees come away with an understanding of the steps necessary to access partnerships with fintechs.

Questions to be answered in this session:

  1. What are some strategic considerations as to why a fintech should or should not consider a banking charter?
  2. What are some common issues that arise for fintechs during the bank chartering process?


Patrick Boot
Associate, Hunton Andrews Kurth, LLP

Carl Goss
Counsel, Hunton Andrews Kurth, LLP

Scott R. Racusin
President & CEO, Merchants Bank of California

Fourth-Party Risk: A Primer on Satisfying Increased Regulatory Scrutiny

KYC and KYCC are risk management principles that have stood the test of time. But has your organization established procedures for managing risks related to downstream relationships your third party might have with suppliers, vendors or other fourth parties? The amount of data and the length of the data’s journey outside your organization is your responsibility, so processes should be in place to ensure the data is protected according to your organizational standards. Fourth-party risk management, where you have no legal contract with those parties, is critical to your organization. Attendees come away from this session understanding the new guidelines in OCC 2013-29 and the FRB Supervisory Letter 13-19.    

Questions to be answered in this session:

  1. How do I define a fourth-party relationship?  
  2. How can I ensure these relationships are managed to comply with internal policies and procedures?


Jessica Perkins, AAP
Third Party Risk Manager, Central Payments Division, Central Bank of Kansas City

Maintaining the Strength of the ACH Network through Risk Mitigation

Critical to any business is the ability to recognize and prevent risks as much as possible. This session explores common schemes and risk scenarios facing the industry, and what can be done to mitigate risks, protect consumers and your bottom line, all while keeping the ACH Network in its position as the most trusted and secure payments network. Attendees are encouraged to participate in an open discussion and problem solving with peers.    

Questions to be answered in the session: 

  1. What are the most common risk scenarios for the ACH Network?
  2. What can organizations do to mitigate such risk?


Jordan Bennett, AAP
Senior Director, Network Risk Management, Nacha

Past, Present, & Future of Federal Payments

This session examines how the federal government is maximizing EFT adoption for a diverse recipient base. This session also details how the government is testing new technologies, including blockchain and digital payments, to continue to advance EFT adoption and improve the customer experience. Panelists discuss the past, present, and future of federal payments and explain U.S. Treasury’s Bureau of the Fiscal Service’s approach to incorporating faster payments, smarter payments, and emerging payment innovations to achieve its goals of an all-electronic Treasury.

Questions to be answered during this session:

  1. Given all of the emerging payment options, which ones have the potential for making payments instantaneous? 
  2. What is the Fiscal Service's approach to achieving its goal of an all-electronic Treasury?


Craig Fischer
Program Manager, Office of Financial Innovation & Technology, Bureau of the Fiscal Service

Matthew Helfrich
Senior Program Analyst, Bureau of the Fiscal Service

Brett Smith
Program Manager, Direct Express, Bureau of the Fiscal Service

Playing Legal Catch-Up With the Changing Payments Landscape

Not since Check 21 took effect have payment laws experienced such significant changes. Existing and new entrants in this space may be unaware of common legal issues associated with changes in the payments landscape, given the current patchwork of payment laws and an alphabet soup of regulations. This session discusses some of the most common legal issues and oversights encountered in payments, with a focus on the diverse perspectives and roles played by the banking, consumer, and regulatory industries.

Questions answered by this session:

  1. How do the changing payments laws affect my business?
  2. Does the value-add to changes in the payments landscape outweigh any potential risks associated with those changes that current payments law does not contemplate addressing?


Ana Cavazos
Assistant General Counsel, Federal Reserve Bank of Atlanta

Ivy Gupta
Assistant General Counsel, Wholesale – Treasury & Payment Solutions, SunTrust Bank

Scott Jones
Partner, Adams & Reese, LLP

**CLE eligible session

Recent Developments in Electronic Payments Law

Staying abreast of the numerous and often complex developments in the legal and regulatory framework for payments can be daunting. Yet understanding the implications to an organization's ACH activities is crucial. In this session, receive a thorough review of significant legal issues raised by current developments in electronic payments law, including recent amendments to the Nacha Operating Rules.

Questions answered by this session:

  1. What are significant legal issues raised by current developments in electronic payments law?
  2. What are the implications to an organization's ACH activities?


Erin Fonte
Partner, Hunton Andrews Kurth LLP

Jane K. Winn
Professor of Law, University of Washington

**CLE eligible session

Regulatory Update: AML/BSA & OFAC

This deep dive dialogue session engages attendees about the laws and regulations related to consumer protection, and focuses on anti-money laundering, the Bank Secrecy Act, OFAC compliance. and how the industry is impacted by regulatory reach at both the state and federal level. 

Questions to be answered in this session:

  1. How has the regulatory landscape impacted the payments industry? 
  2. What does this panel of experts see developing in 2020 and beyond?


Jeffrey D. Dunn
Shareholder, Munsch Hardt Kopf & Harr, P.C.

Katie Hawkins, Esq.
Associate, Hudson Cook, LLP

Laurie Nelson
Chief Compliance Officer & General Counsel for Autoscribe Corporation, Lyons Commercial Data and PaymentVision Divisions

Moderated by: Matthew C. Luzadder
Partner, Kelley Drye & Warren LLP

**CLE eligible session

Regulatory Update: Consumer Finance

This session provides an update on the latest happenings among consumer financial services regulators, with a specific focus on the CFPB and the FTC. Speakers examine topics of critical importance and provide an outlook on what may be ahead, particularly during a general election year.

Questions to be answered during this session: 

  1. How has the rollout of the CFPB's Prepaid Account Rule impacted the industry? 
  2. How have state regulators expanded their role in consumer protection over the past year?


Mark Dabertin
Special Counsel, Pepper Hamilton LLP

Avi Erdfarb
Associate, Blank Rome LLP

**CLE eligible session

Regulatory Update: Global Financial Crimes & Fintech

This session explores recent legal developments relating to anti-money laundering, KYC, money transmitters and transaction monitoring that will impact fintech companies. Speakers address current events that may impact a fintech's regulatory compliance program and suggested best practices to address these legal developments.    

Questions answered by this session:

  1. What are the key legal developments related to anti-money laundering that are important for a fintech compliance program? 
  2. How can fintechs prepare for these changes?


Ingrid Busson-Hall
Senior Director, Head of Financial Crimes Advisory and Workplace Relations, PayPal Inc.

Cassie Lentchner
Senior Counsel, Pillsbury Winthrop Shaw Pittman, LLP

**CLE eligible session

Symbiosis of Fintechs & Financial Institutions

Panelists examine the relationship between financial institutions and financial technology companies. Regulatory considerations, issues related to specific payment networks and systems, enforcement trends and priorities are discussed as speakers provide attendees with a brief survey of the fintech space (including money transmission issues that accompany nonbank partnerships) and a more nuanced understanding of the legal considerations that accompany a bank partnership and other fintech services.  

Questions answered by this session:

  1. What is the value and structure of bank partnerships for fintechs, banks, consumers and the broader financial payment system?
  2. How do fintech partnerships promote innovation for financial institutions?


Parag Patel
Managing Associate, Orrick, Herrington & Sutcliffe LLP

Sangeetha Raghunathan
General Counsel, Earnin

Doug Smith
Associate General Counsel, E*Trade

**CLE eligible session

Technical & Regulatory Compliance in s Smarter, Faster Payments World

The constantly evolving payments ecosystem requires faster and smarter technologies to support risk and compliance. These operations also must be lean and efficient. This deep dive dialogue allows attendees and speakers to discuss compliance topics from the technical and regulatory worlds and how to find the right equilibrium.

Questions answered by this session:

  1. What are some of the new and cutting-edge technologies in the risk and compliance space, especially involving machine learning and artificial intelligence?
  2. What are regulators' expectations for the industry, and how can your organization best comply with the regulations while still being efficient?


Amelia Childress
Compliance Director, Square Inc.

Jas Randhawa
U.S. Compliance Officer, Stripe Inc.

Melissa Strait
Global Head of Financial Crimes, Stripe Inc.

The Unclaimed Property Compliance Life Cycle

This session examines how and why unclaimed property laws were developed. Speakers discuss how to implement and/or update your organization's current unclaimed property procedures, how to identify what property types your organization should have, and what to do if your organization outsources payroll or other services and the unique and complex due diligence requirements. Learn your rights on what must be provided during an audit.    

Questions to be answered in this session:  

  1. How can your organization develop and implement unclaimed property procedures?  
  2. What are auditors looking for in an organization's unclaimed property procedures and policies?


Mary M. Gilmeister, AAP, NCP
President, WACHA - The Premier Payments Resource

Michael Ryan
SVP, Business Development, Georgeson LLC

Co-presenter to be announced

Those Who Have the Data, Have the Power

Customers are caring more about who has access to their data and less about who is actually processing their payment transactions. This session looks at how regulations such as GDPR are changing the world of payments. Data becomes the asset that customers manage. Access to this data unlocks new opportunities for payments companies that are ready to leverage this opportunity.    

Questioned answered by this session:  

  1. How will data regulation such as GDPR change the global payments market?  
  2. How can payments companies leverage customers' changing approach to their data?


Susan M. Barton
Business Development Director - Italy Financial Services, EY

Ryan Burch
Senior Director & Associate General Counsel, PayPal Inc.

Carlo Di Giangiacomo
GDPR and Risk Senior Manager, EY

** Kelley Drye is the CLE Accredited Provider for Payments 2020 and is an accredited provider of NY, IL, CA and TX CLE. Continuing legal education sessions will offer California, Illinois and Texas general credits and New York non-transitional credit only. In accordance with the requirements of the New York State CLE Board, this non-transitional, CLE program is not approved for newly-admitted attorneys within the first two years of admission to the Bar.

Participants can attend the CLE eligible sessions only for no charge however, you will not be permitted to attend any other conference sessions or events. Upgrade your registration at the current available rate and attend the full conference. And if you’ve never attended Payments, you may register for the full conference for only $995. Contact for more information.