Payments Canada Legal Counsel – List hundreds of them At McMillan, our cryptocurrency and blockchain practice includes a deep understanding of existing compliance requirements for cryptocurrency, digital assets, and blockchain-based businesses. We use an inclusive, pragmatic and proactive approach when advising in this ever-changing regulatory landscape by participating in and supporting regulatory hackathons, FinTech and technology associations in Canada`s major economic centres. The firm mainly advises on fintech, payments, crypto, blockchain, DeFi, AI law, metaverse law and the law of acquiring merchant transactions. Payment companies are advised by the firm from the outset on business modelling, legal framework, compliance review, financing, acquisitions, dispute resolution and exit strategies. All payment models can draw on the company`s extensive experience in credit card acquisition, ESM licensing, neobanking law, National Bank Special Purpose OCC charter for FinTech review, mobile payment app licensing, virtual currency, digital currency, bitcoin, electric vehicle payments, solutions for payment of electric vehicles, placement of ATMs, ACH, EFT, peer-to-peer lending, crowdfunding, merchant cash advance and virtual world law. Traditional domestic, high-risk and foreign models have all leveraged the company`s resources. Our firm has evolved from traditional payments to crypto and now to artificial intelligence, IOT, drive-by-wire law and the legal framing of autonomous vehicles. Our payments practice helps our clients overcome industry opportunities and challenges and offers extensive experience in various international practices and markets. We offer a multidisciplinary team of not only lawyers, but also risk and compliance consultants, technology consultants and government advisors.

This allows us to provide our clients with access to a wide range of expertise across our global business and ensure we are well positioned to implement commercial and bespoke solutions for businesses. Attending association meetings is perhaps the best way to gain a broad knowledge of the offerings in the payment market. The following combinations are all recommended for this purpose. The firm strives to participate in a number of these shows: Legal advisors, also known as general counsel, are the chief lawyers of large corporations or government agencies. They advise ministries on legal consequences, ensure that the company operates in accordance with the law, and can represent the company or government agency if a lawsuit is brought. ICO DeFi Legal Hit and Miss List – Always new list of issuing ICO tokens and DeFi legal errors. Group, Inc., 2008 NY Slip Op 07877, October 14, 2008, Appeal Division, Second Department: Monthly gift card inactivity fee of $2.50 illegal due to lack of reasonable disclosure. Extensive updating of the Fine Print Act.

Canada`s proposed regulatory system for retail payment systems requires payment service providers to be registered. What exactly is a payment service provider? The continuous increase in payment volumes, the emergence of new payment technologies and infrastructures, and the continuous evolution of consumer consumption habits have led to exponential growth in the payments ecosystem in recent years. This has led to a number of new entrants, an increase in mergers and acquisitions, and an expansion of payments regulation around the world. Review key legal and regulatory developments that drive and shape payments around the world Stop waiting for cheques arriving in the mail. Accept cheque payments quickly and securely online with eCheck. We represent our clients in the most innovative developments in all areas of payment and card programs, such as credit, debit, storage value or other payment mechanisms, including online payment products, mobile wallets, person-to-person payments and related RFID and NFC solutions. In a rapidly changing industry, our lawyers have gained extensive FinTech experience advising institutional lenders, technology companies and regulators on a variety of FinTech matters, including cryptocurrencies (such as Bitcoin), the payments ecosystem and peer-to-peer payment systems, mobile payments and deposits, virtual wallets, loans, online transactions and investments, and financial planning « robo-advisors ». We also negotiate on behalf of our clients on the complex intersection of cybersecurity, data protection, banking and securities regulatory compliance, consumer protection, and other regulatory and transactional requirements. Due to its diverse nature, a cryptocurrency or blockchain-based business requires a well-balanced approach to achieving business, legal, and regulatory compliance goals.

As a result, our team includes specialists in a wide range of areas such as tax, capital markets and securities, mergers and acquisitions, technology, privacy and cybersecurity, intellectual property, consumer protection, anti-money laundering and litigation. With access to more than 3,700 lawyers in offices in more than 50 cities around the world, we are well positioned to help clients wherever they operate, offering extensive experience and in-depth knowledge of regional and international payment rules and laws. Four professionals are involved in the work of the company; They bring in-house experience at a fully licensed U.S. MSB, New York Payments Trial Leadership, and experience leading business and compliance work on dozens of payment models, from credit card acquisition to virtual currency transactions. Bennett Jones acts as a trusted advisor and knowledge resource for clients in the payments industry. We represent issuers, acquirers, payment processors (onshore and offshore), electronic payment security advisors, retailers, card and chip manufacturers and distributors, financial institutions, payment solution companies, brand owners and licensees, mobile operators, payment network operators and members, technology and software application developers and licensors, integrators, hardware and device manufacturers and all other stakeholders in the payments industry. Briefing of the House of Commons of Canada Standing Committee on Finance (FINA) on ATM fees and electronic payments, April 17, 19, 2007 and March 22, 2007 McMillan`s payment practice regularly advises merchants, payment processors, card companies (payment network providers), digital payment companies, regulators, industry groups, technology providers, cross-border payment intermediaries and payment clearing and settlement providers. Our payments, money services and financial services lawyers provide expertise in anti-money laundering and economic sanctions, regulatory compliance, financial services, consumer protection, privacy and data protection, and information technology.

We combine industry knowledge with a deep understanding of payment infrastructures and financial markets to provide our clients with a full range of services in payments, money transfer, currency, virtual currencies and payment technology. Our lawyers have negotiated with regulators and various parts of the Canadian payments system, including the Office of the Superintendent of Financial Institutions and Payments Canada, to remove regulatory barriers associated with introducing innovative payment functionality to the Canadian marketplace. ® A free resource with detailed payment information Here is a small selection of interesting payment cases, but does not claim to be an up-to-date or complete overview of this jurisdiction: Most of the company`s clients are U.S.-based fintech companies, including payment processors, banks and independent sales organizations.