Global law firm Norton Rose Fulbright has launched a global payments practice to assist businesses around the world in navigating this complex and rapidly developing area.
The multidisciplinary group advises clients in the payments industry in relation to a wide range of matters, including investment activity, new product development, regulatory compliance, privacy and data protection issues, disputes, and the outsourcing of payment technology. The team provides an integrated service across the firm’s practice areas, including corporate/M&A; financial services regulation; risk advisory; data protection, privacy and cybersecurity; intellectual property; antitrust and competition; outsourcing, and dispute resolution.
The team’s clients span the range of market participants, and include banks, non-bank financial institutions, payments providers, technology companies, start-ups, institutional investors, and governmental and regulatory bodies. The practice, which comprises of over 50 lawyers, consultants, risk advisory specialists and government relations professionals will be led by a team of partners from across the firm’s spread of offices.
Norton Rose Fulbright global head of financial services regulation Jonathan Herbst commented: “We have long advised clients in relation to the payments sector and with this new practice, we draw together our corporate, regulatory and disputes experience from across the globe to provide an enhanced service to this fast-growing industry.”
Norton Rose Fulbright FinTech partner Victoria Birch commented: “Payments technology underpins global digital commerce. Major institutions, companies and start-ups in both mature and emerging markets are investing heavily in this space. Our breadth of experience makes our global payments practice ideally placed to help clients navigate the opportunities and challenges presented by this growth.”
Recent matters the global payments practice have advised on include
- Advising the UK New Payment System Operator on its acquisition of the Bacs, Faster Payments and Cheque and Credit Clearing Company payment schemes
- Advising eight leading international banks on their PSD 2 implementation projects
- Advising Helios Investment Partners on its acquisition of a majority stake in Egypt’s TPAY Mobile
- Advising AnaCap Financial Partners on the acquisition of Hamburg-based StarTec Payment & Service GmbH
For further information please contact:
Louise Nelson, Senior PR Manager
Tel: +44 20 7444 5086; Mob: +44 7909 684 893
Notes for editors:
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.