In the payments world, commentators note Illinois’ recent Interchange Fee Prohibition Act, which prohibits charging interchange fees on the tax or tip portions of processed transactions.
Key portions of the law take effect July 1.
By its terms, the Interchange Fee Prohibition Act also
The Financial Industry Regulatory Authority (“FINRA”) and the U.S. Department of the Treasury (“Treasury”) (as part of a public-private partnership) have recently issued guidance regarding the use of AI by the financial services industry. This alert summarizes certain AI-related updates from the 2026 FINRA Annual
Nicole Meisner, chair of Taft’s PayTech and Payment Systems practice group, was mentioned in a recent BIGcast episode, “The State(s) of Financial Regulation.” In the episode, which aired March 24, 2026, Glen Sarvady speaks with Ncontracts’ Stephanie Lyon about the evolving regulatory and compliance landscape
Richard B. Levin, the Chair of Taft’s FinTech Practice, will be speaking on a panel at the securities Traders Association of New York (STANY) 90th Annual Conference on April 13, 2026, at the NYSE. The all-day conference will feature panels on market structure, crypto, and
Recent federal activity is sending a clear message to banks and payment companies: “debanking” decisions can no longer be driven by vague notions of “reputational risk,” and institutions should expect greater scrutiny of how they evaluate, onboard, and offboard customers.
In the past several months
Richard B. Levin, the Chair of Taft’s FinTech Practice, will be speaking on a panel at the University of Denver’s Sturm College of Law on April 8, 2026. The panel will focus on the evolution of finance, regulatory changes, and the legal considerations of advising
Taft partners Nicole Meisner and Sean Ruff, along with Taft attorney Daniel Ungar will be speaking at the Electronic Transactions Association’s (ETA) TRANSACT Conference in Atlanta, Georgia, on March 18-20, 2026.
Meisner, Ruff, and Ungar will present a deep dive a deep dive into the latest
Taft attorneys Richard B. Levin, Sean Ruff, Bobby Wenner, and Jon Levy will host a breakfast panel, “Blockchain Demystified: Practical Applications for Financial Services,” on March 10, 2026. The panel will be a briefing on digital asset regulation, compliance, and risk management.
The
Taft is pleased to sponsor the 38th Annual ROTH Conference taking place on March 22-24, 2026, in Dana Point, CA. The Annual Roth Conference is one of the largest in the nation for small-cap companies, featuring company presentations, fireside chats and expert panels, 1×1 meetings
Richard B. Levin, the Chair of the FinTech Practice, will be speaking on a panel at the Denver Security Traders Association (STA) Winter Forum on March 6, 2026. The panel, moderated by Robert Verderese of Virtu Financial, will introduce the audience to predicative markets, the