Strategies for Contract Negotiations in Payments

Contracts and agreements are a cornerstone of the payments industry. Whether between financial institutions and a business client, an FI and a service provider, or between fintech partners, clearly articulating the terms of the agreement is critical to protect an organization while maintaining the integrity of the payment system. This session examines how contracts and agreements comprise the foundation of the ACH Network, reviews potential concerns from different perspectives of all involved, and details best practices to define requirements by party and tactically ensure the agreements or contracts are addressing these issues. Speakers also discuss methods to explain to clients that obligations are pushed through to them and the implications in case the terms are not understood or violated.

Speaker(s):

Jennifer Aguilar, Senior Associate Alston & Bird LLP

Cassandra M. Haddock, Senior Vice President & Associate General Counsel KeyBank

Conference recordings are not eligible for continuing education credits.

Keyword(s): ALCS2022