Fraud Alert: Payment Processors and ISOs Must Ensure That Their Compliance Procedures Can Detect COVID-19 Fraud
Barrie VanBrackle, a partner in Orrick’s Washington, D.C., office, is a member of the Cyber, Privacy & Data Innovation practice and co-leads Orrick's Fintech team.
An authority on payments and consumer financial services compliance, Barrie has been recognized as a Leading Lawyer in the 2020 Legal 500 U.S. Fintech guide and in Band 2 of the 2020 Chambers FinTech directory for her leadership in Payments & Lending. Reflecting on her business acumen and experience, clients described her as a "black belt ninja when it comes to payment processing" who provides "very cogent reasoning on complex regulatory matters." Her strategic market advice is also praised, with clients citing her "detailed knowledge of the regulatory environment and the business environment." Under Barrie’s co-leadership, Orrick’s Fintech practice was ranked in Tier 1 and Band 2 by Legal 500 and Chambers, respectively, in 2020.
Barrie is focused on three areas at the cross-section of the fintech space: consumer-facing financial and banking, regulatory counseling and investigations, payment card industry, including brand operating rules and data security standards; money transmission; and prepaid card access on behalf of leading merchants, payment processors and industry vendors. Barrie advises on transactions involving the payment systems participants, including large merchants and financial technology companies, with respect to payment acceptance, payment issuance, co-brand agreements, payment card industry data security issues, and payment regulatory matters. In addition, Barrie has deep experience advising corporate and private equity clients in M&A contexts and other investments in fintech. Barrie represents payment card issuing and merchant acquiring banks (including acquiring a card program for one of the Top 5 largest financial institutions, negotiating cobrand agreements for a large issuing bank and a sports franchise, and negotiating novel payment acceptance methods for more traditional merchants). She helps fintechs navigate the banking and money transmission rules, including representing new market entrants into the US.
Barrie is a sought after speaker on the evolving regulatory and compliance issues surrounding payments and related e-commerce matters.
April.20.2017 - April.21.2017