DAVID E. TEITELBAUM is a partner in Sidley’s Banking and Financial Services group, which received the 2019 Chambers USA Award for Financial Services Regulation. He has a broad regulatory practice for all types of entities involved in our payments and financial systems, including insured depository institutions and their holding companies, payment processors and systems, money transmitters, prepaid program managers, technology providers, virtual currency businesses and investors and retailers. He assists these companies in the wide range of regulatory issues that impact their business by providing a combination of thoughtful regulatory guidance, solution-oriented transactional assistance and strategic legislative planning. He routinely helps companies structure payment and other fintech products to minimize regulatory burden, negotiate commercial agreements for the support and distribution of those products and create customer interfaces and disclosures that balance regulatory requirements and business needs. David has been involved in the evolution of payment technology from its roots in credit, debit and ACH through on-going developments in prepaid, internet, mobile and virtual currency models. David is able to combine a keen understanding of the underpinnings of various financial ecosystems with the creativity necessary to provide cutting edge legal advice to today’s fintech leaders.David was ranked in the 2020 Chambers FinTech guide in the USA Legal: Payments and Lending category. He was praised for having “excellent grounding in banking and finance matters, with considerable experience handling transactional and product development work for major financial institutions and wider corporate clients.” David was also selected as one of Law360’s Retail & E-Commerce MVPs of the year for 2017 and as a 2018 Cryptocurrency | Blockchain | Fintech Trailblazer by The National Law Journal. David also was named a “Leading Lawyer” in Chambers USA 2015, 2016 and 2017 in its Financial Services Regulation (Regulatory Compliance) section and has been named every year since 2011. Chambers highlighted that his “experience and expertise cover a wide range of regulatory matters, notably with respect to the consumer finance arena. He has particular knowledge of electronic payment systems and is considered to be an ‘extremely smart and capable lawyer’ who is ‘technically excellent, practical, responsive and efficient.’” He has also been recognized by The Best Lawyers in America since 2016.