Cohen & Gresser LLP
APRIL 2013

FTC Recommends Stronger Safeguards for Mobile Payments

Karen H Bromberg    

 

With the use of mobile payments by consumers reaching "fever pitch", the FTC has released a new report entitled, "Paper, Plastic... or Mobile? An FTC Workshop on Mobile Payments," discussing how companies can develop mobile payment products and services with adequate financial, security, and privacy protections.  Acknowledging that mobile payment solutions offer many potential benefits, the report highlights three principal areas of concern for consumers and companies interested in mobile payment services: dispute resolution, data security, and privacy.

 

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About the Author

Ms. Bromberg is the head of the firm's Intellectual Property and Licensing Group. She handles all aspects of intellectual property, Internet, and technology law, including license agreements, technology transfer and vendor agreements, joint development and co-branding agreements, privacy policies, website terms of service, and management of IP litigation (including patent, trademark, copyright, and trade secret litigation). She was named as a New York Super Lawyer for Intellectual Property in 2010, 2011, and 2012.

About Cohen & Gresser

Recently named to The National Law Journal's 2013 "Midsize Hot List," Cohen & Gresser is a 2013 Chambers USA-ranked law firm with offices in New York and Seoul. We represent clients in complex litigation and corporate transactions throughout the world. Founded in 2002, the firm has grown to over fifty lawyers in four practice groups: Litigation and Arbitration; Corporate Law; Intellectual Property and Licensing; and White Collar Defense, Regulatory Enforcement and Internal Investigations. Our attorneys are graduates of the nation's best law schools and have exceptional credentials. We are committed to providing the efficiency and personal service of a boutique firm and the superb quality and attention to detail that are hallmarks of the top firms where we received our training.

 

 

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