Christy Young is a partner in the Financial Services & Products Group, focusing her practice on transactions and regulatory issues related to electronic payment systems and products, including credit and debit cards, stored value/prepaid card products and health care payments.
Ms. Young regularly advises merchants, processors, financial institutions and other payment system participants. She assists them in negotiating agreements related to the authorization, acceptance and processing of payment transactions and provides guidance in regard to the impact of changes in the legislative and regulatory environment, including the Truth in Lending Act, the Equal Credit Opportunity Act, Electronic Fund Transfer Act and state money transmitter regulations. Ms. Young also counsels clients in regard to various payment network rules and requirements, as well as the Payment Card Industry Data Security Standards. She assists financial institutions and other business entities with various securities transactions and regulatory issues, including corporate governance and compliance.
Law is a third career for Ms. Young. After starting as an elementary school teacher, she migrated to business and worked for more than 14 years at Ace Cash Express, Inc. where her final position was Vice President of Operations Support.
- Represented numerous individual clients and trade associations in regulatory and legislative efforts related to the Dodd-Frank Act.
- Counseled one of the nation’s largest payment networks in various issues, including contract negotiation with network participants.
- Assisted various clients with the implementation of payment arrangements and investment programs for consumer driven health care arrangements, such as Health Savings Accounts.
- Counsel to both large and small public companies regarding corporate governance and SEC reporting.
- Counsel to various clients in the negotiation of credit card acceptance agreements and in issues related to compliance with payment card data security.
- Counsel to both issuers and placement agents in various transactions involving the private placement of more than $1 billion of Rule 144A eligible trust preferred securities.
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“Cross-Border Payments Transmitted via the ACH Network: NACHA’s Proposed Changes to the Operating Rules,” Journal of Payment Systems Law, Vol. 2, No. 1, February 2006.
February 2006
Past Events
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April 14, 2010
Seminar
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October 15, 2009
Seminar
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March 19, 2008
Seminar
- W.net (the Women’s Network in Electronic Transactions)