Peter Luce counsels clients on financial regulatory and transactional issues related to all aspects of consumer payment products and services, including credit, debit, prepaid, gift card, virtual wallets, virtual currencies, and other emerging payment platforms and solutions. Peter’s prior enterprise software industry experience informs his approach to meeting the financial, technical and business needs for clients that include the nation’s leading financial institutions, global technology companies, payments start-up and venture-stage companies, and consumer loyalty platforms.
Peter represents clients on agreements involving credit and debit card issuance, credit card loan origination and marketing agreements, payment processing, virtual wallet technologies, and virtual and digital currency issuance. In addition, Peter counsels clients on federal and state law compliance with various financial, privacy, and consumer protection laws and regulations, including the Electronic Fund Transfer Act, the Bank Secrecy Act and related FinCEN regulations, federal and state money transmitter laws, Unfair, Deceptive and Abusive Acts and Practices (UDAAP) issues, the Fair Debt Collection Practices Act and state debt collection laws, the Federal Trade Commission Act, the Fair Credit Reporting Act, the Gramm-Leach-Bliley Act, and international remittances. Peter also advises clients on payment network rules, including Visa and MasterCard rules.
Peter is an editor and frequent contributor to the DWT Payment Law Advisor
, a site designed to provide insight, commentary, and resources on developments in the payment industry. He is also a contributor to the DWT Privacy and Security Blog