Davis Wright Tremaine LLP | USA | 15 Sep 2023
Fintech, like all financial services in the U.S., is regulated at both the state and federal levels. Each of the 50 states and the federal government…
Davis Wright Tremaine LLP | USA | 19 May 2023
The agreements that govern bank-fintech partnerships are nevertheless frequently overlooked simply as a legal formality—a necessary document to…
Davis Wright Tremaine LLP | USA | 24 Feb 2023
While ransomware attacks usually grab the headlines, business email compromise (BEC) attacks continue to cause massive financial losses for businesses…
Davis Wright Tremaine LLP | USA | 15 Feb 2023
The shifts in customer behavior driven by the global COVID pandemic were a boon for digital payments - consumer adoption in the U.S. reached 82% in…
Davis Wright Tremaine LLP | USA | 20 Jan 2023
As described in DWT's October 2021 post, the Corporate Transparency Act ("CTA"), enacted as part of the Anti-Money Laundering Act of 2020,[1]…
Davis Wright Tremaine LLP | USA | 6 Dec 2022
With Real-Time Payments from The Clearing House rapidly gaining traction among banks and FedNow set to launch next July, one might believe that…
Davis Wright Tremaine LLP | USA | 14 Oct 2022
In a purported effort to close supposed loopholes that allow illicit actors to use corporate structures such as shell companies to hide their…
Davis Wright Tremaine LLP | USA | 30 Sep 2022
The U.S. Treasury Department's (Treasury) September 16, 2022, release of the "Action Plan to Address Illicit Financing Risks of Digital Assets" was…
Davis Wright Tremaine LLP | USA | 30 Sep 2022
Following the White House's Digital Assets Executive Order from March 2022 (summarized here), our September 2022 update provides an in-depth look at…
Davis Wright Tremaine LLP | USA | 8 Sep 2022
Fintech, like all financial services in the U.S., is regulated at both the state and federal level. Each of the 50 states and the federal government…