Profile
Eli Rosenberg counsels both industry leading and start-up FinTech companies as well as financial institutions with respect to their financial services products. Eli routinely advises clients on numerous financial services issues including electronic banking, merchant-acquiring, electronic fund transfer, credit card, debit card, and prepaid card businesses. He also assists clients with state and federal regulatory compliance and other regulatory matters including money transmitter/money service business licensing and marketplace lending issues. Additionally, Eli leads financial services clients in contracting with service providers and negotiates services agreements and independent sales organization, BIN, agent bank, and association contracts. Notably, Eli serves as regulatory counsel to the Innovative Payments Association and works closely with industry leaders and government regulators on emerging issues facing financial services providers.
Since 2021, Eli has been selected by his peers for inclusion in The Best Lawyers in America: Ones to Watch® in the field of Banking and Finance Law.
Eli received his Juris Doctor from the University of Kansas School of Law in 2012.
Areas of Practice
Education
- University of Kansas School of Law, J.D., Order of the Coif 2012
- Missouri State University, M.B.A., Beta Gamma Sigma, 2009
- University of Kansas, B.A., with distinction, 2007
Bar & Court Admissions
- Nebraska, 2013
Professional & Civic Affiliations
- ABA UCC Payments Subcommittee – Co-Chair
Selected Recent Publications
- “Paper Tigers? Cashier’s Checks, Nonpayment, and the Holder in Due Course Debate,” Co-Author, The Banking Law Journal, May 2021.
- “Data Security and Privacy Law,” Chapter editor, Thomson Reuters, 2021 Ed.
- “Electronic Payment Systems: Law & Emerging Technologies,” Chapter editor, American Bar Association, 2018.
Recent Speaking Engagements
- “Earned Wage Access Services”, Presenter, Iowa State Bar Association Commercial and Bankruptcy Law Seminar, April 21, 2023
- “Regulation E Deep Dive,” Presenter, IPA Compliance Boot Camp, Chicago, Illinois, Sept. 29, 2022.
- “Covering Class Action Lawsuits Involving the Zelle Network,” Presenter, ABA Payments Subcommittee September 15, 2022.
- “Step-by-Step, Block-By-Block: Virtual Currency Overview and Update,” Presenter, IPA Day of Payments, Aug. 19, 2020.
- “Unpacking the Fintech Regulatory Landscape” Presenter, Flyover Fintech, Nov. 11, 2019.
- “Legal Implications of Blockchain and Virtual Currency, Presenter, Nebraska IT Symposium,” May 22, 2018, Omaha, Nebraska.
In the News
- Thirty-Four Baird Holm Attorneys Named to Best Lawyers in America® 2024 List; Nine are Named “Lawyer of the Year,” and 13 are Named to the “Ones to Watch” List
- Baird Holm Attorneys Eli Rosenberg, Hannes Zetzsche, and Vanessa Silke Co-Author the Article, “Advising Bank Clients about Cannabis: Due Diligence, Suspicious-Activity Reports, and Master Accounts,” for the American Bar Association’s Cannabis Law and Policy Committee Newsletter
- Thomas O. Ashby and Eli A. Rosenberg Published in The Banking Law Journal
Technology & Intellectual Property Update
- Do My Gift Cards Need Braille? Confronting The Latest Trend In ADA Litigation
- Lessons Learned From The FDIC’s Guidance For Fintechs Partnering With Banks
- Eliminating Checks – How Payments Companies Can Make Your Business More Efficient During The COVID-19 Crisis
- Taking the branches out of branch banking – tips for banks looking to increase their digital footprint
- Client Alert: Scotus Finds CFPB Unconstitutional; Director Removable by President at Will
- OFAC Warning – Beware of Helping Ransomware Victims Pay their Attackers
- What a Biden Presidency Means for Fintech and Banking in the Short Term: Enforcement, Enforcement, Enforcement
- How Community Banks Could be Punished for Participating in the PPP
- States Propose Bills to Limit Interchange Fees
- CFPB Rescinds Policy Defining “Abusive” Standard for UDAAP
- CFPB Releases 2020 Consumer Complaints Report
- Whose “Bank” is it Anyway? State Enforcement Actions Against Chime Underscore the Pitfalls of Using “Bank” Terminology
- Bank Regulators Issue Request for Comment on Proposed Guidance for Third-Party Risk Management
- CFPB Issues Proposed Rule on Small Business Lending; Requiring Increased Data and Collection and Reporting Requirements
- The CFPB Takes Aim at Buy Now, Pay Later
- CFPB Takes Aim at Discrimination in Financial Services
- Lessons from the CFPB’s Enforcement Action against TransUnion
- CFPB will Directly Supervise Fintech Companies
- CFPB Issues Market Report on Buy Now, Pay Later; Indicates it’s Ready to Regulate
- FinCEN Finalizes Rule Requiring Companies to Report Beneficial Ownership Information to U.S. Government
- CFPB Plans for a Registry of Nonbanks
- CFPB Loses Redlining Complaint Against Nonbank Mortgage Company
- What’s next for Fintechs after SVB and Signature?
- CFPB Director Chopra Takes Aim at Digital Wallets, Money Transmitters Post SVB and Signature Failures
- FDIC Cease and Desists Underscore Importance of Reviewing Websites and other Public Materials for Compliance with FDIC Rules
- CFPB Hits Bank of America for Junk Fees, Withholding Card Awards, and Opening Fake Accounts
- The Fed Shuts Down Bank over Failure to Obtain Approval for Stablecoin Venture
- CFPB Fines Online Lender $15 million in a New Consent Order
Labor & Employment Law Update
Covid-19 Information Hub
Areas of Practice
Education
- University of Kansas School of Law, J.D., Order of the Coif 2012
- Missouri State University, M.B.A., Beta Gamma Sigma, 2009
- University of Kansas, B.A., with distinction, 2007
Bar & Court Admissions
- Nebraska, 2013
Profile
Eli Rosenberg counsels both industry leading and start-up FinTech companies as well as financial institutions with respect to their financial services products. Eli routinely advises clients on numerous financial services issues including electronic banking, merchant-acquiring, electronic fund transfer, credit card, debit card, and prepaid card businesses. He also assists clients with state and federal regulatory compliance and other regulatory matters including money transmitter/money service business licensing and marketplace lending issues. Additionally, Eli leads financial services clients in contracting with service providers and negotiates services agreements and independent sales organization, BIN, agent bank, and association contracts. Notably, Eli serves as regulatory counsel to the Innovative Payments Association and works closely with industry leaders and government regulators on emerging issues facing financial services providers.
Since 2021, Eli has been selected by his peers for inclusion in The Best Lawyers in America: Ones to Watch® in the field of Banking and Finance Law.
Eli received his Juris Doctor from the University of Kansas School of Law in 2012.
Professional & Civic Affiliations
- ABA UCC Payments Subcommittee – Co-Chair
Selected Recent Publications
- “Paper Tigers? Cashier’s Checks, Nonpayment, and the Holder in Due Course Debate,” Co-Author, The Banking Law Journal, May 2021.
- “Data Security and Privacy Law,” Chapter editor, Thomson Reuters, 2021 Ed.
- “Electronic Payment Systems: Law & Emerging Technologies,” Chapter editor, American Bar Association, 2018.
Recent Speaking Engagements
- “Earned Wage Access Services”, Presenter, Iowa State Bar Association Commercial and Bankruptcy Law Seminar, April 21, 2023
- “Regulation E Deep Dive,” Presenter, IPA Compliance Boot Camp, Chicago, Illinois, Sept. 29, 2022.
- “Covering Class Action Lawsuits Involving the Zelle Network,” Presenter, ABA Payments Subcommittee September 15, 2022.
- “Step-by-Step, Block-By-Block: Virtual Currency Overview and Update,” Presenter, IPA Day of Payments, Aug. 19, 2020.
- “Unpacking the Fintech Regulatory Landscape” Presenter, Flyover Fintech, Nov. 11, 2019.
- “Legal Implications of Blockchain and Virtual Currency, Presenter, Nebraska IT Symposium,” May 22, 2018, Omaha, Nebraska.
Technology & Intellectual Property Update
- Do My Gift Cards Need Braille? Confronting The Latest Trend In ADA Litigation
- Lessons Learned From The FDIC’s Guidance For Fintechs Partnering With Banks
- Eliminating Checks – How Payments Companies Can Make Your Business More Efficient During The COVID-19 Crisis
- Taking the branches out of branch banking – tips for banks looking to increase their digital footprint
- Client Alert: Scotus Finds CFPB Unconstitutional; Director Removable by President at Will
- OFAC Warning – Beware of Helping Ransomware Victims Pay their Attackers
- What a Biden Presidency Means for Fintech and Banking in the Short Term: Enforcement, Enforcement, Enforcement
- How Community Banks Could be Punished for Participating in the PPP
- States Propose Bills to Limit Interchange Fees
- CFPB Rescinds Policy Defining “Abusive” Standard for UDAAP
- CFPB Releases 2020 Consumer Complaints Report
- Whose “Bank” is it Anyway? State Enforcement Actions Against Chime Underscore the Pitfalls of Using “Bank” Terminology
- Bank Regulators Issue Request for Comment on Proposed Guidance for Third-Party Risk Management
- CFPB Issues Proposed Rule on Small Business Lending; Requiring Increased Data and Collection and Reporting Requirements
- The CFPB Takes Aim at Buy Now, Pay Later
- CFPB Takes Aim at Discrimination in Financial Services
- Lessons from the CFPB’s Enforcement Action against TransUnion
- CFPB will Directly Supervise Fintech Companies
- CFPB Issues Market Report on Buy Now, Pay Later; Indicates it’s Ready to Regulate
- FinCEN Finalizes Rule Requiring Companies to Report Beneficial Ownership Information to U.S. Government
- CFPB Plans for a Registry of Nonbanks
- CFPB Loses Redlining Complaint Against Nonbank Mortgage Company
- What’s next for Fintechs after SVB and Signature?
- CFPB Director Chopra Takes Aim at Digital Wallets, Money Transmitters Post SVB and Signature Failures
- FDIC Cease and Desists Underscore Importance of Reviewing Websites and other Public Materials for Compliance with FDIC Rules
- CFPB Hits Bank of America for Junk Fees, Withholding Card Awards, and Opening Fake Accounts
- The Fed Shuts Down Bank over Failure to Obtain Approval for Stablecoin Venture
- CFPB Fines Online Lender $15 million in a New Consent Order