Parag Patel advises financial services companies, financial institutions, and fintechs on transactional and regulatory matters, with a particular focus on emerging payments, innovative technology, consumer and small-business lending, and banking.
Parag guides banks, non-bank lenders, payments and technology companies, and their vendors on regulatory compliance, supervision, money transmission, lending, anti-fraud and anti-money laundering, and transactional matters.
He leverages deep knowledge to help major financial institutions and fintech startups navigate global payment and financial services regulations. Parag has broad experience with all major federal and state laws that regulate payments and consumer and small-business lending in the US, including:
Parag strategizes innovative and practical solutions to clients’ complex regulatory and transactional issues that arise when revolutionary technologies integrate with heavily regulated financial activities. He regularly advises clients on blockchain and other distributed ledger technologies, smart contracts, using “big data” in decisioning systems, artificial intelligence and machine learning, and integrating mobile and wearable devices into financial services.
He has an extensive background in the regulation of money transmitters and other types of money service businesses (MSBs) and has helped dozens of fintech startups navigate these rules at various stages of their business evolution.
Chambers and The Legal 500 recognize Latham’s deep global fintech capabilities and track record of landmark mandates.
Washington, D.C. partner honored as a Law360 2024 Rising Star for advising on cutting-edge fintech matters.
Law360 honors lawyers under age 40 whose legal accomplishments belie their age.