Jennifer Aguilar advises financial services clients on federal and state consumer regulatory matters, with a focus on payments laws and network rules. She has experience with requirements relating to consumer protection, deposit products, payment cards, credit cards, checks and installment lending.
Jennifer regularly counsels a variety of clients on matters relating to the Nacha Operating Rules and Guidelines, the Electronic Funds Transfer Act (EFTA), Truth in Savings Act (TISA), Expedited Funds Availability Act (EFA Act) and Truth in Lending Act (TILA) as well as a variety of state licensing and installment loan laws.
Experience
Representative Matters
- Counseled clients on Nacha rules compliance, including drafting authorizations and origination agreements and advising on implementation of new rules
- Advised on consumer compliance requirements for a crypto rewards credit card program
- Reviewed consumer deposit account agreements and disclosures for compliance with Federal regulations
Professional Highlights
Professional Activities
American Bar Association; Young Lawyer Liaison, Electronic Financial Services and Digital Currency subcommittee
Nacha Accredited Payments Risk Professional
Speaking Engagements
“The Future of Regulation E: Evolution of the Electronic Funds Transfer Act”, Nacha Payments Institute, July 2021
“Understanding the Regulations and Risks with P2P Transactions,” NAFCU webinar, June 2021
“Mobile Payments Fraud: Who’s Really Responsible,” MACHA/PAR Payments University, November 2, 2020
Board Memberships & Community Service
Women in Housing and Finance Foundation, Vice President
Credentials
Education
American University Washington College of Law (J.D., cum laude, 2016)
University of California, San Diego
Admissions
Virginia
Not admitted to practice in the District of Columbia