
Jeffrey S. Hydrick
Counsel
Biography
Jeffrey Hydrick represents bank and nonbank financial services clients across all facets of the payments business. As Counsel in the Washington, D.C., office of Buckley LLP, he advises on a variety of corporate and transactional matters, with a particular emphasis on mobile payments, bank outsourcing arrangements, payment processing and acquiring transactions, and mergers and acquisitions. Mr. Hydrick has significant experience building strategic alliances between emerging and traditional payments companies, particularly in the mobile payments area, and he frequently advises clients on payment network issues and regulatory issues related to payments.
Recent engagements handled by Mr. Hydrick include:
- Representing a national bank in preparing and negotiating sponsorship, settlement, and customer referral arrangements with a merchant acquirer, in connection with the sale of the acquirer to a third party
- Representing a mobile payments platform in negotiating hosting arrangements with a number of card issuers and licensing arrangements with the four major U.S. payment networks, structuring the various components of the strategic alliance, and advising on various payment network and regulatory issues
- Negotiating card processing and technology outsourcing agreements on behalf of the largest U.S. payments processor with three of the largest U.S. card issuing banks
- Advising a federal savings bank on consumer regulatory matters related to its credit card servicing activities
- Negotiating an outsourcing arrangement on behalf of a U.S. global financial services company for the provision of a digital mortgage application by a start-up technology provider
Prior to joining Buckley, Mr. Hydrick was counsel at Sidley Austin LLP, where he handled corporate and transactional matters. Mr. Hydrick received his J.D. from Harvard University and his B.B.A. from the University of Miami (magna cum laude).
Webcasts & Speaking Engagements
TRANSACT 16: Capitalizing on Trends in Mobile Payments
Jeffrey Hydrick spoke at the TRANSACT 16 conference on April 19, 2016 in Las Vegas, NV. His panel was titled "Capitalizing on Trends in Mobile Payments."
Speaking Engagement
In The News
Jeffrey Hydrick Quoted in PaymentsCompliance Article, "U.S. EMV Group Sets Sights on Online Fraud"
Jeffrey Hydrick was quoted in Jimmy Nicholls' PaymentsCompliance article, "U.S. EMV Group Sets Sights on Online Fraud," on August 23, 2016. A U.S. payments body tasked with supporting the move to EMV security will broaden its focus to combating online fraud, as the move to chip cards continues...
In The NewsBuckley Sandler Adds Depth to FinTech Capabilities with Addition of Jeffrey S. Hydrick to Corporate Transactional Practice
WASHINGTON, DC (August 5, 2015) Buckley Sandler LLP is pleased to announce that Jeffrey S. Hydrick has joined the firm’s Corporate Transactions practice as Counsel in our Washington, DC, office, effective August 3, 2015. An experienced practitioner and noted expert on mobile payments and bank-...
In The NewsBuckley Sandler Adds Depth to FinTech Capabilities with Addition of Jeffrey S. Hydrick to Corporate Transactional Practice
WASHINGTON, DC (August 5, 2015) Buckley Sandler LLP is pleased to announce that Jeffrey S. Hydrick has joined the firm’s Corporate Transactions practice as Counsel in our Washington, DC, office, effective August 3, 2015. An experienced practitioner and noted expert on mobile payments and bank-...
Press Releases
Articles & Special Alerts
Special Alert: Maryland Ruling Opens New Front in Battle Over Bank Partnership Model
On June 23, the Maryland Court of Appeals affirmed a lower court judgment holding that a non-bank entity assisting consumers obtain loans from an out-of-state bank and then repurchasing those loans days later qualifies as a “credit service business” under the Maryland Credit Services Business Act (...
Articles
Education
- J.D., Harvard University, 1996
- B.B.A., University of Miami, 1993 (magna cum laude)
Admissions
- District of Columbia
- Wisconsin