Stinson Leonard Street Expands Financial Technology (FinTech) Practice
Stinson Leonard Street is proud to announce the growth of its Financial Technology (FinTech) practice group to expand the services the firm offers to clients with regulatory, compliance, corporate and securities, mergers and acquisitions, licensing, privacy and intellectual property matters.
This multidisciplinary team combines attorneys from the firm's Banking and Financial Services and Intellectual Property & Technology practices.
FinTech is reshaping the world of lending, banking, financing, and investing and wealth management. The industry is growing fast. Investments using FinTech services more than doubled in 2015 and now exceed $21 billion in the U.S. Incumbent companies need to adapt and embrace the change or risk being passed by.
The FinTech team at Stinson Leonard Street advises clients on these emerging issues. Attorneys counsel startups and new companies as well as traditional banks and lending agencies on how to harness the opportunities and capitalize on the continued growth of this exciting industry.
Attorneys advise clients on key FinTech-related matters and issues, including:
- Applying regulatory and compliance issues to new technologies
- Understanding financial data privacy compliance in mobile and online applications
- Data security for service providers and recipients of mobile, online and cloud based services
- Consumer finance product development, including prepaid cards, money transfers and marketplace lending
The firm is also a member of Bank Director's FinXTech Partners, a network of authoritative, relevant and trusted content for banks, Fintech companies, investors and services firms. (FinxTech.com)
"We have been counseling clients on FinTech related matters for many years. This is not a new practice area for our firm," said Garrett. "Our FinTech attorneys know the financial services industry and the technology behind what is driving the growth of FinTech. We combine this experience with our firm's overarching commitment to exemplary client service at an unmatched value at a great benefit to our clients."
More information about the FinTech industry and Stinson Leonard Street's practice is available at our website.