“Regulatory Guide to Money Transmission and Payment Laws in the U.S.” is now available as a downloadable eBook from Shipkevich PLLC.

Our attorneys have prepared this concise and comprehensive Guide to bring together our legal and regulatory knowledge on the payments and money transmission space, providing a cohesive picture for those inquiring about the space.

The payments and money transmission space are large, growing, and increasingly fintech-based. As an exponentially increasing space, veterans in the space and those considering entering the space should look to our Guide to keep abreast of the various state and federal regulations and potential changes to come to the industry.

This Regulatory Guide summarizes the payments space’s history and the federal and state statutes to consider as a money service business. The Guide’s section of every state’s money transmitter statute and important definitions within the statutes is one of its most valuable features. Closed and open-loop payments and payment processors are also covered in the Regulatory Guide.