In order to provide accurate and effective advice to your company or clients, it is essential that you have an in-depth understanding of the technologies underlying new and emerging payment systems. This Boot Camp will provide attendees with a firm grip on the technologies that are used in a wide range of innovative payment systems, and how the underlying technology impacts legal and compliance considerations.

Topics to be addressed include:

• New technologies applied to traditional payment systems
• Analyzing the technology used in each step of the various emerging payment processes:
  • Internet Browser and Internet-Based Payments
  • Mobile Apps, Payments and Wallets
  • RFID
  • Near Field Communication
  • Text Messaging
  • QR Codes
  • Bluetooth
  • Host Card Emulation
  • EMV Chip Technology
  • Tokenization
  • Virtual Currency and Bitcoin
• Understanding the new and emerging data security technologies
• The range of information captured by emerging payment systems and devices: Where the information is stored
• Structuring new products and product enhancements in ways that are intuitive and easy for customers to use but that also ensure regulatory compliance and data security
• Examining the regulatory gaps and clarifying areas of uncertainty with the new technologies:
  • Reg E and Reg Z protections
  • Fraud prevention standards
  • UDAAP disclosures
• Where does the consumer go for protection – one regulator or many? – CFPB, FTC, FCC, Congress and Banking Committees, and more