Nicole M. Meisner

Nicole chairs Taft’s Paytech and Payment Systems practice group. She counsels a wide range of companies in the payments and financial services industries, including acquiring banks, payment processors, independent sales organizations (ISOs), payment facilitators, marketplaces, mobile payment providers, financial technology (FinTech) companies, money transmitters, prepaid access providers, and digital currency companies. Clients look to Nicole to advise on contractual and compliance matters involving the impacts of dynamic state and federal regulations and industry rules, the structure of the flow-of-funds, and the creation of strategic business relationships to mitigate legal risks.

Nicole is a nationally recognized leader on the issues that intersect payments and money transmission and often advises payment companies on navigating the risks of money transmission laws and regulations. She has extensive experience advising clients on various exemptions to money transmitter registration recognized by the Financial Crimes Enforcement Network (FinCEN) as well as exemptions to licensure, such as the agent-of-the-payee exemption, recognized by several states.

• Panelist, “Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Know Your Customer (KYC),” “Money Transmission,” “PayFacs (Payment Facilitators),” “Surcharging and Cash Discounting,” “Money Transmission, Fintech,” ETA Payment Compliance Conference, Nov. 8, 2023.
• Panelist: “Current Business and Legal Considerations for Processors and Sponsor Banks” ETA TRANSACT 2023, Atlanta Georgia.
• “Payment Facilitation Sub-Models and How to Classify Them.” Transaction Trends (April 4, 2023).
• “Deep Impact? What Recent Law Enforcement Actions Can Mean to the Payments Industry,” The Association of Payment Professionals (formerly the Merchant Acquirers’ Committee (MAC), Level Up Conference, March 2023.
• “Compliance for Payment Facilitators,” ETA Payment Compliance Conference, Washington, DC., October 2022.
• Quoted in Digital Transactions Article “Behind Washington’s Tougher Stance on Payments,” July 1, 2022 (authored by Peter Lucas).
• “Legal Trends Impacting Payment Facilitators,” ETA TRANSACT Conference, Las Vegas, Nev., April 2022.
• Co-author, “ETA Expert Insights: Money Transmission and Payment Facilitation — Risks and Mitigation Strategies, Part 2,” Electronic Transactions Association, Transactions Trends, July 28, 2021.
• Co-author, “ETA Expert Insights: Money Transmission and Payment Facilitation — Risks and Mitigation Strategies, Part 1,” Electronic Transactions Association, Transactions Trends, May 6, 2021.
• Author, “Money Transmitter Laws May Impact Your Deal: Costs, Considerations and Consequences,” Electronic Transactions Association, Transactions Trends, Oct. 19, 2020.
• “Implications of Money Transmission Laws Beyond Regulatory Enforcement,” Merchant Acquirers’ Committee Virtual Regional event, October 2020.
• Author, “Guest Analysis: The Intersection of Payments and Money Transmission: A Look at The Agent-of-the-Payee Exemption,” Electronic Transactions Association, Transactions Trends, May 30, 2019.
• Guest Speaker, “Financial Crime Trends and Tactics,” 12th Annual Money Laundering Reporting Officers Day 2013, The Bahamas Association of Compliance Officers, Nassau, Bahamas, September 2013.
• Guest Speaker, “Secondary Liability Fraud Actions,” Association of Certified Financial Crime Specialists-Financial Crime 360° Training Seminar, New York City, N.Y., January 2013.