Kristin S. Teager

Representative banking and fintech matters include:

• Draft and negotiate commercial agreements for strategic relationships between fintechs, banks, retailers, and affinity brands to support the launch of innovative co-branded and private label credit card arrangements governing billions of dollars of credit card receivables.
• Assist a major U.S. fintech provider with the launch of its cryptocurrency services, including negotiating commercial agreements with its strategic partners, advising on product structure, evaluating regulatory obligations, applying for a New York Bitlicense, interfacing with state regulatory agencies, and updating its customer agreements.
• Advise cryptocurrency platform start-ups on all aspects of their services including evaluation of regulatory issues, state licensing, commercial and customer-facing agreements, disclosures, anti-money laundering procedures and other corporate policies.
• Advise one of the largest payment card processors in negotiation of agreements with other payments technology providers to offer cryptocurrency services and other innovative fintech products to their depository institution clients.
• Advise payment processors, payment facilitators, marketplace platform providers and their investors on federal and state licensing and other regulatory obligations associated with their roles in payment transactions. This includes providing guidance on structuring relationships to avoid licensing concerns and lessen regulatory burdens.
• Assist investors and acquirers in their diligence of money services businesses, and obtain regulatory approvals for the acquisition of state-licensed money services businesses on a nation-wide basis.