Emerging payment systems are a mixture of existing and developing systems, players, markets, infrastructures, and technologies. Their evolution is occurring within a maze of regulations written for other times and participants.
Our Emerging Payment Systems lawyers understand this and are used to helping clients navigate the legal, regulatory, policy, and business issues surrounding nascent platforms, services, and technologies, including:
Global Footprint As new payment systems attempt to leap traditional infrastructures to enable payments locally, nationally, or internationally, it becomes apparent the movement of money or money-equivalents is heavily regulated. Our Emerging Payment Systems lawyers provide a global, interdisciplinary solutions-oriented service through the firm’s 48 offices on five continents.
Interdisciplinary Approach Emerging payment systems involve advanced distribution systems and technologies that frequently give rise to cutting edge issues crossing multiple legal disciplines, including regulatory (such as financial services, telecommunications, consumer protection, data privacy, and security), intellectual property, litigation, tax, corporate, and beyond. Our lawyers provide a corresponding international range of legal services regarding these kinds of topics:
Emerging payment systems are not just mobile, many include or adapt traditional “cards” in new forms such as codes or other electronic variations. We help clients issue, accept, contract for, and comply with regulations regarding a wide variety of traditional and emerging products.
For example, we assist:
Patents, copyright, and trademarks of intellectual property rights create both opportunities and material risks domestically and internationally. We have broad and deep practices in patent prosecution, copyright, and trademark registration, and intellectual property and technology licensing, including software and hardware license and development agreements. Post 2011, ICANN’s dramatic expansion of the number and types of possible domain names will materially impact emerging payment systems and the firm also has a team focusing on this expanded area.
Our trademark lawyers advise on trademark selection and availability. They work closely with clients to create and implement international trademark registration programs tailored to the needs of the client. In addition, they assist clients with enforcement and protection of trademarks, as well as trademark licensing. Our trademark lawyers have extensive experience with trademark issues on the Internet and in connection with emerging technology, including emerging payment systems.