In the News

Fonté, Khalil and Allen Co-Author Article on FinTech Compliance for Bloomberg BNA’s Banking Report

May 18, 2016

Erin Fonté, Elizabeth Khalil and Jacqueline Allen, attorneys in Dykema’s Financial Industry Group, co-authored the article, “Why ‘Compliance by Design’ Must Be on Fintech’s Roadmap,” which appeared in Bloomberg BNA’s Banking Report.

In the article, the authors point out that while many nonfinancial companies continue to enter the mobile/emerging/alternative payments and financial technology (FinTech) space, many—particularly those from a tech background in unregulated or lightly regulated industries—are surprised to learn that all or part of their products and services are regulated. They go on to highlight a number of laws and regulations FinTech companies should be aware of, as their products or services may be affected by each.

Subscribers to  Bloomberg BNA’s Banking Report  can read the entire article here.