This event has already occurred.
On Wednesday, September 1, 2021, at 1 pm EST/10 am PST, Felix Shipkevich and Yvonne Bowser-Caballero of Shipkevich PLLC held a webinar to discuss and examine the regulatory issues with closed and open loop payments systems. They focused on providing an overview of when these payment systems began, how they continue to permeate our financial industries, and what the potential regulatory issues are in the payments space. Additionally, they discussed state and federal regulations in the closed and open loop payments industry.
TOPICS FOR DISCUSSION INCLUDE:
- Closed and Open Loop payments regarding prepaid cards (or electronic)
- Cryptocurrency usage in the open and closed loop space
- Rewards and loyalty programs’ relationship to closed and open loop payment
- Analysis of CFPB Prepaid Card rule and FinCEN rule regarding closed and open loop payments