7th Annual Legal, Regulatory and Compliance Forum on FinTech & Emerging Payment Systems - WEB

Distinguished Speaker Faculty:

CO-CHAIRS:

Elan Mendel

SVP, Assistant General Counsel, Regulatory Affairs Mastercard

David Beam Partner Mayer Brown LLP

SPEAKERS:

Sumeet Chugani Associate General Counsel Coinbase

Alan Cohn Partner Steptoe & Johnson LLP

John Coleman Partner

Orrick, Herrington & Sutcliffe LLP Former Deputy General Counsel, CFPB

Elizabeth Corbett VP, Deputy General Counsel, Product, Regulatory & Privacy Affirm

Sulejman Dizdarevic Director & Assistant General Counsel, Payments

Discover

Ryan Fayhee Partner

Hughes Hubbard & Reed LLP

Melissa Goldstein Partner Schulte Roth & Zabel LLP

Michelle Ann Gitlitz General Counsel & Corporate Secretary Flexa Network Inc.

Who Will You Meet?

Matthew Homer Former Executive Deputy Superintendent NY Department of Financial Services

Inna Jackson Senior Vice President & Associate General Counsel HSBC Bank USA

Ebony Johnson Senior Vice President, Associate General Counsel for Public Affairs Truist

Jane Khodarkovsky General Counsel Celo Foundation

Ed Koellner Associate General Counsel –Payments & FinTech USAA

Kara Kuchar Partner Schulte Roth & Zabel LLP

Robert Lavet General Counsel SoFi

Andrew Lorentz Partner Davis Wright Tremaine LLP

Adam Maarec Senior Director, Associate General Counsel Capital One

Sydney Mayer Regulatory Counsel Block

David Meadows Partner Alston & Bird LLP

Benjamin Melnicki Product and Regulatory Counsel Cross River

Ali Rathod-Papier Head of Financial Crime Compliance Brex

Amy Pugh General Counsel Green Dot

Andrew Rosenberg Senior Director and Global Compliance Ripple

Parris Sanz EVP/General Counsel WebBank

Paula Sternberg

Lead Counsel, Escalated Matters & Customer Experience Wells Fargo

Ky Trans-Trong Vice President & Associate General Counsel, Global Regulatory Affairs Visa

Barrie VanBrackle Partner Latham & Watkins LLP

Thomas Ward Partner Sidley Austin LLP

Richard Weber Partner Winston & Strawn LLP

Main Conference Day One • Tuesday, April 18, 2023

8:00 Registration and Continental Breakfast

8:45

Co-Chairs’ Opening Remarks

microphone-alt Elan Mendel, Senior Vice President Assistant General Counsel Regulatory Affairs, Mastercard

David Beam, Partner, Mayer Brown LLP

9:00

State of the Industry: How the FinTech Industry is Maturing, What’s Next and Future Predictions for the Coming Year

microphone-alt Elan Mendel, Senior Vice President Assistant General Counsel Regulatory Affairs, Mastercard

Amy Pugh, General Counsel, Green Dot

Paula Sternberg, Lead Counsel, Escalated Matters & Customer Experience, Wells Fargo

Sumeet Chugani, Associate General Counsel, Coinbase

• Impact of inflation and market uncertainty

• What are the ramifications of the decrease in Fintech valuations?

• Risk assessment and data breach prevention

• How to stay ahead of changing consumer demand

• Predictions for crypto by 2023

9:45

Regulatory Developments: New Announcements and How to Prepare for an Increase in Oversight

microphone-alt Ky Trans-Trong, Vice President & Associate General Counsel, Global Regulatory Affairs, Visa

Benjamin Melnicki, Product and Regulatory Counsel, Cross River

Adam Maarec, Senior Director, Associate General Counsel, Capital One

• CFPB Proposed New Consumer Data Rights Rule

• Report on BNPL and (Pending) Big Tech report

• CFPB constitutionality

• New DFS virtual currency guidance

• Risk supervision of FinTech’s

• Expansion of UDAP through supervision

10:30 Networking Break

11:00

Senior Executives Roundtable: How Companies are Investing Strategically to Ensure Strong Compliance Amid Rapid Change

microphone-alt Sulejman Dizdarevic, Director & Assistant General Counsel, Payments, Discover

Robert Lavet, General Counsel, SoFi

This panel will discuss the compliance priorities for 2023, including how companies are investing in people and technology to strengthen compliance. The speakers will share their best practices to stay current in this rapidly changing environment.

11:45

Trends in Litigation: How to Prepare for the Anticipated Rise of Emerging Litigation in the Payments Space

microphone-alt Elizabeth Corbett, VP, Deputy General Counsel, Product, Regulatory & Privacy, Affirm

David Meadows, Partner, Alston & Bird LLP

• FTX pending litigation and other high-profile crypto failures

• Payment card litigation including interchange fees and prohibited transactions

• Fintech litigation including consumer fraud and data privacy

12:30 Networking Lunch

1:45

Banking as a Service (BaaS): New Opportunities and

Potential Risks When Expanding Products and Services to Access Traditional

Banking Offerings

microphone-alt Inna Jackson, Senior Vice President & Associate General Counsel, HSBC Bank USA

Ebony Johnson, Senior Vice President, Associate General Counsel for Public Affairs, Truist

David Beam, Partner, Mayer Brown LLP

• BaaS use cases and opportunities

• Resolving common pressure points in BaaS negotiations

• Understanding the regulatory overlay for BaaS arrangements

• Oversight programs for BaaS integrations

Accreditation will be sought in those jurisdictions requested by the registrants which have continuing education requirements. This course is identified as nontransitional for the purposes of CLE accreditation.

ACI certifies this activity has been approved for CLE credit by the New York State Continuing Legal Education Board. ACI certifies this activity has been approved for CLE credit by the State Bar of California.

ACI has a dedicated team which processes requests for state approval. Please note that event accreditation varies by state and ACI will make every effort to process your request.

For more information on ACI’s CLE process, visit: www.AmericanConference.com/Accreditation/CLE

EARN CLE CREDITS

2:30

Enforcement: Staying Current with Increased Regulatory Activity by Many Different Regulatory Agencies

microphone-alt Ryan Fayhee, Partner, Hughes Hubbard & Reed LLP

John Coleman, Partner, Orrick, Herrington & Sutcliffe LLP, Former Deputy General Counsel, CFPB

• Lessons learned from recent OFAC penalty on Tango Cash, Kraken, Bittrex and designation of Tornado Cash

• More regulation over cryptocurrency

• Fallout from the Blue Ridge Bank agreement with the OCC

• Regulators interest in dark patterns and machine learning models implications

3:15 Networking Break

3:30

Digital Payments: Innovations in Electronic Fund Transfers Amid Rapid Decentralization from the Current Banks/Payment Process

microphone-alt Ed Koellner, Associate General Counsel–Payments & FinTech, USAA

Kara Kuchar, Partner, Schulte Roth & Zabel LLP

• Potential expansion of Regulation E

• Current status of FedNow

8:55

Co-Chairs’ Opening Remarks

9:00

Government Alumni Panel: Listen to Former Regulators Share Insights into Increased Regulatory and Enforcement Scrutiny

microphone-alt Thomas Ward, Partner, Sidley Austin LLP

Former Enforcement Director, Office of Enforcement, CFBP

Richard Weber, Partner, Winston & Strawn LLP

Former General Counsel, New York Department of Financial Services

MODERATOR:

Matthew Homer, Former Executive Deputy Superintendent, NY Department of Financial Services

Hear from former regulators who will offer their perspectives for the fintech and digital asset regulatory and enforcement arena for 2023. Dedicated time will be available for audience questions.

• Zelle – potential bank reimbursement

• Remittance rule, CFPB exams and enforcement

• Increased focus online between prepaid/non-prepaid accounts

4:15

Money Laundering and Sanctions: Strategies for Onboarding New Customers and Maintaining a Strong Compliance Program

microphone-alt Ali Rathod-Papier, Head of Financial Crime, Brex

Melissa Goldstein, Partner, Schulte Roth & Zabel LLP

Andrew Rosenberg, Senior Director and Global Compliance, Ripple

• Successful KYC procedures for customer onboarding

• Customer identification and screening, transaction monitoring and reporting of suspicious activity

• How to stop transaction laundering

• Implementing new OFAC guidance for instant payments

• Call for enhanced IP blocking and geofencing

5:00

Networking Reception

6:00 End of Day One

9:45

Bank and FinTech Partnerships Today: Are the Banks Catching Up? What Can FinTech’s Offer Today to Stay Competitive?

microphone-alt Parris Sanz, EVP/General Counsel, WebBank

Andrew Lorentz, Partner, Davis Wright Tremaine

• Best practices for managing a fintech portfolio (for banks) or a bank relationship (for fintech’s)

• Impact of recent federal regulatory focus on bank-fintech partnerships

• Update on proposed interagency guidance on third party relationship management

• Lessons learned from recent enforcement actions

10:30 Networking Break

10:45

Unraveling the Complex State Regulatory Arena: Keeping a Watchful Eye on What States are the Most Active?

microphone-alt Sydney Mayer, Regulatory Counsel, Block

Barrie VanBrackle, Partner, Latham & Watkins LLP

• What states have passed Money Transmitter Laws

• New requirements for licensing of stable coins

• What states are doing for lending licensing

11:30

Lessons Learned from the FTX and Other Crypto Collapses: How Fiduciary Duty, Corporate Governance and Ethics Play Important Roles in the Crypto Industry

microphone-alt Michelle Ann Gitlitz, General Counsel & Corporate Secretary, Flexa Network Inc.

Alan Cohn, Partner, Steptoe

Jane Khodarkovsky, General Counsel, Celo Foundation

This in-depth workshop is for those who are new to crypto as well as experienced professionals will take a deep dive into the 2022 crypto failures.

• Understanding corporate fiduciary responsibility and corporate governance

• What to do if you see a lapse in corporate governance?

• What caused the collapses of FTX? Celsius? BlockFi?

• Navigating the uncertain regulatory landscape over digital assets

• What is your ethical responsibility as a legal professional

• How to increase diversity in the crypto industry

12:30 End of Conference

About us: The C5 Group, comprising American Conference Institute, The Canadian Institute and C5 in Europe, is a leading global events and business intelligence company. For over 35 years, C5 Group has proVided the opportunities that bring together business leaders, professionals and international experts from around the world to learn, meet, network and make the contacts that create the opportunities. Our conferences and related products connect the power of people with the power of information, a powerful combination for business growth and success.

WORRY FREE Registration GUARANTEE

VENUE INFORMATION

American Conference Institute is pleased to offer our delegates a limited number of hotel rooms at a negotiated rate. To take advantage of these rates, please contact the hotel directly and quote “ACI’s FinTech”.

Hotel: NY Hilton Midtown

Address: 1335 6th Ave, New York, NY 10019

Reservatons: (212) 586-7000

Book with Confidence!

Register and pay to lock in your early rate and be eligible for a full refund until April 4, 2023. If you are unable to attend for any reason, you will have the following options:

y A full credit note for you, or a colleague to attend another event.

y A full refund.

SAVE

PLEASE NOTE THE FOLLOWING PANDEMIC-RELATED PROTOCOLS:

ACI conferences and events will be organized in accordance with the latest health and safety regulations, guidelines, and recommendations, directed by the CDC and local government authorities. Attendees are advised to consider their personal health needs.

© American Conference Institute, 2023

Attendees are asked to self-screen in the days leading up to, before and after attending an ACI event and/or conference.