Ron Vaske leads Ballard Spahr’s Fintech and Payments Solutions Team. His practice focuses on matters involving banking, payment systems and commercial transactions.
Ron regularly assists clients in relationships between financial institutions and Fintechs and other third parties. He has more than two decades of experience helping clients establish and administer bank sponsorship arrangements for credit card, prepaid card, lending and payments programs. Several of the clients he works with serve the under-banked and subprime markets.
Experience
Representative Matters
- Led regulatory due diligence on behalf of private equity investor in its acquisition of an international B2B payments and credit solutions business.
- Assisted multiple banks and Fintechs in matters involving credit card, lending and payment systems sponsorship programs, including documentation of related commercial agreements and ongoing advice on compliance and regulatory matters.
- Advised financial institutions in appeals of material supervisory determinations related to safety and soundness and consumer compliance examinations.
Professional Highlights
Recognition & Accomplishments
The Best Lawyers in America, Banking and Finance Law, 2021-2025, FinTech Practice, 2023-2025
The Legal 500, Fintech, 2021-2024
Speaking Engagements
“Bank Partnerships and Compliance: What Third Party Vendors Need to Know,” Online Lenders Alliance Compliance University, July 19, 2022
"The Use of Alternative Data in Online Lending Models and the Credit Process: Assessing Consumer Concerns, Regulatory Challenges, and the Implications of the CFPB's First No-Action Letter," American Conference Institute National Conference on FinTech and Emerging Payment Systems, New York, May 1, 2018
"The CFPB Final Rule on Prepaid Accounts: Implementation Delays, Compliance Challenges, and Market Expectations," American Conference Institute's 18th National Forum, January 2018
Board Memberships & Community Service
FarmHouse Fraternity Foundation, Trustee, 2012-2018
Credentials
Education
Creighton University School of Law (J.D. 1997)
South Dakota State University (B.S. 1990)
Admissions
Minnesota
South Dakota
Nebraska (Inactive)