By Vincent Wang on Posted in Global Insights, Regulatory and Compliance
At ACI’s 2nd Advanced Forum on International & Cross-Border Payments in San Francisco, DWT partner Vincent Wang gave a presentation entitled “Legal Overview of China’s Regulation on Payment Service by Non-Financial Institutions.” The presentation focused on the following topics:
Regulation of Payment Service: In Genera… Read the rest
By Brant Rockney on Posted in Deals and Technology
PayPal has recently released its newly-updated Android app version 3.0, which allows peer-to-peer (P2P) payments to be made using any near field communications (NFC) enabled mobile phones. Friends with any NFC-enabled devices running the Android operating system can tap their phones to directly exchange money using the PayPal app with the Request M… Read the rest
Our Payments Team addresses changes and continuities in the payments industry every day—leveraging our many years of industry experience and our presence on both coasts and in China. On paymentlawadvisor, we offer commentary on new developments that seem particularly significant, as well as resources that we believe can be helpful to others who are tasked with anticipating, understanding and addressing these developments.