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Andrew J. Lorentz

Andrew Lorentz leads DWT’s Prepaid and Emerging Payments Practice. He focuses on the retail financial services sector and is particularly knowledgeable regarding mobile and other electronic payment systems. He has extensive experience in both the regulatory and commercial issues in retail payments and his clients include major banks and non-depository financial institutions, global technology companies, wireless carriers, e-commerce companies, and international retailers. Mr. Lorentz also has extensive experience with a wide variety of other transactions and regulatory matters both in the United States and abroad. He is a frequent speaker on a range of topics related to emerging and prepaid payments at numerous industry events.

Mr. Lorentz's experience includes the full range of consumer protection issues and regulatory law in retail financial services, including the Electronic Fund Transfer Act, Regulation E, Truth-in-Lending, Regulation Z, the Fair Debt Collection Practices Act, the Federal Trade Commission Act, the Fair Credit Reporting Act, the Gramm-Leach-Bliley Act, federal and state banking regulation, state money transmission and licensed lending laws, payment network rules, unclaimed property laws, the Bank Secrecy Act, FDIC insurance, and E-SIGN.

Practice Highlights
  • Negotiating and documenting agreements for major financial institutions for the offering of mobile payments and remittances
  • Advice on compliance with state and federal consumer protection and credit laws and structuring, negotiation, and documentation of payments and banking agreements and infrastructure for a major peer-to-peer lending website
  • Regulatory advice and negotiation of payroll, trust, and related services agreements with a payroll processor and card issuer for an employer-sponsored payroll card
  • Regulatory advice and negotiation of mobile banking and remote deposit capture solution for major wireless carrier  
  • Advice and counseling to a major Internet service provider on consumer protection and compliance with Payment Card Industry Data Security Standards
  • Advice and counseling on the structure and documentation of national educational rewards and savings programs for a national online rewards program and a major nonprofit foundation
  • Structuring and documenting agreements for the purchase of billing and payment systems infrastructure for the provision of international SMS messaging services
  • Representing Davis Wright Tremaine on the NACHA Internet Council
  • Assisting new payments entrants with state licensing, chartering, and related proceedings with numerous state banking departments

Representative Experience

Mobile banking and remote deposit capture

Representation of a major wireless carrier in connection with providing regulatory advice and negotiation of a mobile banking and remote deposit capture solution. (2012)

Loyalty programs for major card issuer

Representation of major card issuer for loyalty redemption program. (2011)

Mobile payment for major financial institution

Representation of major financial institution in establishing mobile wallet collaboration using near field communication. (2011)

Mobile payment for major international financial institution

Representation of major financial institution in establishing mobile wallet and remittances services in Latin America. (2011)

Online marketplace for leading technology provider

Representation of leading technology provider with payments and related issues for online marketplaces. (2011)

Regulatory advice for major card issuers

Representation of major card issuers in connection with implications of Dodd-Frank financial reform. (2011)

Additional Qualifications

  • Counsel, Financial Services Group, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, D.C. and Brussels, 1997-2010
  • Corporate Associate, Patton Boggs LLP, Washington, D.C., 1994-1997
  • Intelligence Officer, Analyst, U.S. Army and Drug Enforcement Administration, Germany and Washington, D.C., 1986-1994

Professional & Community Activities

  • American Bar Association, 1996-present
  • Davis Wright Tremaine Executive Committee, 2015-present
  • Member, Grace Episcopal Church

Professional Recognition

  • Selected to "Washington, D.C. Super Lawyers," Thomson Reuters, 2015-2017
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