Eric A. Love is an associate in the firm’s Washington, D.C. office, where he is a member of the Public Policy and Law and Consumer Financial Services practice groups. He concentrates his practice on financial services, with an emphasis on legislative, regulatory, compliance and transactional matters related to consumer products and services, FinTech, prepaid and emerging payment systems, electronic payments and crypto/virtual currencies.
Mr. Love advises financial services providers on a broad range of issues related to federal and state legislation, laws and regulations. He particularly focuses on financial institution regulation under the Dodd-Frank Wall Street Reform and Consumer Protection Act, and other laws enforced by such federal financial regulatory agencies as the Securities and Exchange Commission and the Consumer Financial Protection Bureau. In addition, he counsels money services businesses, emerging payments companies, banks and retailers, as well as credit card, prepaid card and gift card issuers on compliance with federal banking laws, state and federal consumer protection laws (including regulations under the Electronic Fund Transfer Act and the Truth in Lending Act), state abandoned property laws and money transmitter licensing laws. Mr. Love also assists clients to identify state lender licensing requirements, and to negotiate and draft agreements regarding payment technologies and licensing issues.