Legal

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Slaughter and May adds startups to Fintech Fast Forward programme

Slaughter and May, the leading international law firm, today announces that 11 tech businesses in total have now joined its Fintech Fast Forward programme.

/Legal

Appeal and judicial review applications filed in £14bn Mastercard consumer claim

Lawyers for Walter Merricks CBE have filed applications with both the Court of Appeal and the Administrative Court of the High Court, the latter by way of judicial review, for permission to appeal the Competition Appeal Tribunal’s (CAT) decision to refuse to allow the proposed £14bn collective action on behalf of 46 million consumers seeking damages from Mastercard due its illegal card fees to proceed.

/Legal

Law firm Addleshaw Goddard opens applications for second fintech programme

Following the resounding success of 'AG Elevate', originally launched in November 2016, Addleshaw Goddard has today announced its 2018 programme to support FinTech growth with an expanded program for participants.

/Legal

RegTech startup Apiax secures $1.5 million in seed funding

Apiax, a RegTech startup transforming complex regulations into easy-to-use digital compliance rules, today announced its Seed Round raise of more than $1.5 Million.

/Legal

Simmons and Simmons wins Fintech Hive legal gig

International law firm Simmons & Simmons will be a legal partner to FinTech Hive at Dubai International Financial Centre Authority (DIFC), the first-of-its-kind accelerator in the Middle East, Africa and South Asia (MEASA) region.

/Legal

ITC upholds Diebold claims against Hyosung

Diebold Nixdorf, Incorporated (NYSE: DBD) today announced that the International Trade Commission (ITC) has upheld a preliminary ruling on a patent infringement claim by Nautilus Hyosung related to automated teller machines (ATMs).

/Legal

Westpac opens $40,000 innovation challenge for professional services sector

Those with a bold vision or bright idea for the future of the professional services sector are invited to enter the prestigious annual Westpac Innovation Challenge, for the chance to win AU$40,000 and professional support to take their idea to the next level.

/Legal

Thomson Reuters and Logical Construct combine to cut through contract jargon

Thomson Reuters has teamed up with Logical Construct to help global financial institutions gain visibility into the key legal and economic terms and risks hidden within their legal documentation with a full-service contract data management solution.

/Legal

Hogan Lovells opens fintech knowledge portal

Hogan Lovells today launches an innovative new online LawTech product – Engage, a pioneering knowledge portal and thought leadership platform for both established financial institutions and new FinTechs.

/Legal

Innovate Finance publishes RegTech for regulators report

Innovate Finance’s Transatlantic Policy Working Group (TPWG) and Strategic Partner Hogan Lovells, today launched a report titled Future of RegTech for Regulators, Adopting a Holistic Approach for the Digital Era Regulator.

/Legal

Diebold claims victory in patent infringement case against Nautilus Hyosung

Diebold Nixdorf, Incorporated (NYSE: DBD) today announced that the International Trade Commission (ITC) has issued a final ruling in favor of Diebold Nixdorf in its patent infringement case against Korea-based Nautilus Hyosung.

/Legal

Law firms Collyer Bristow and Augusta join forces for interchange fee damages claim

Law firm Collyer Bristow is collaborating with Augusta, a leading litigation funder in the SME market, to back a multi-million pound claim against MasterCard and Visa over their use of multilateral interchange fees (MIFs).

/Legal

Allen & Overy lights the Fuse on tech innovation space

Allen & Overy is opening Fuse, a new tech innovation space where tech companies, Allen & Overy lawyers, technologists and their clients will collaborate to explore, develop and test legal, regulatory and deal-related solutions.

/Legal

Docutech launches eSignature platform for digital mortgages

Docutech, the industry-leading provider of compliance and document technology solutions, announces that Stearns Lending and New Penn Financial have gone live with Solex, the all-new eSignature solution designed for clients leading the new Digital Mortgage age.

/Legal

UBS deploys electronic signature technology from Cryptomathic and SwissSign

Shortly after the launch of their joint centralised solution for Qualified Electronic Signatures (QES), Cryptomathic and SwissSign today announce the completion of a major deployment at UBS, Switzerland’s largest retail bank.

/Legal

Dentons launches online MiFID II / MiFIR compliance tool

Global law firm Dentons announced today the launch of a new online regulatory project management tool to assist clients in complying with MiFID II / MiFIR.

/Legal

Mastercard and ACI Worldwide settle legal dispute

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, has reached an agreement with MasterCard Technologies, LLC, and MasterCard International Incorporated, in which MasterCard has purchased from ACI and ACI has granted to MasterCard a perpetual license relating to components of NET24-XPNET™ middleware on the MasterCard debit switch.

/Legal

Retailers urge Supreme Court to strike out interchange fee settlement

The National Retail Federation and the Retail Industry Leaders Association today asked the U.S. Supreme Court to let stand an appeals court ruling that struck down a controversial 2012 settlement of a class action lawsuit over Visa and MasterCard’s credit card swipe fees.

/Legal

UK law firm Browne Jacobson launches legal support service for early-stage startups

National commercial law firm Browne Jacobson is to launch a legal support service aimed both at supporting startups with high-growth potential and developing its junior lawyers into future partners.

/Legal

Plaid settles patent suit filed by Envestnet/Yodlee

Envestnet | Yodlee (NYSE: ENV) and Plaid Technologies, Inc. ("Plaid") are pleased to announce today that they have resolved the patent case brought by Envestnet | Yodlee in the United States District Court for the District of Delaware, the counterclaims brought by Plaid in the District Court, and the inter partes and Covered Business Method review petitions brought by Plaid before the Patent Office.

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