With digital innovation in areas such as automation, encryption, contactless payment methods and interfaces, the traditional financial services landscape is changing rapidly.
Fintech innovation is providing many opportunities for financial and technology companies. To secure market share, protect investment in research and development and to increase the value of a company, it is important for businesses in the financial sector to define, protect and enforce their IP rights.
The availability of IP protection varies significantly between jurisdictions in the area of fintech. For example, care must be taken when drafting a patent application to ensure the subject matter is not categorised as a “business method” and therefore not capable of patent protection.
A synergistic IP strategy is also required that protects the appearance of products, the way in which they operate and any associated branding. In addition, a careful approach to contractual agreements and licensing is prudent. Given these issues, professional advice from a team of attorneys adept in dealing with these issues is crucial.
At D Young & Co we are well-placed to advise on and manage your contentious and non-contentious intellectual property rights. We have attorneys and solicitors with expertise in fields such as digital electronics, telecommunications, computer architecture, display technologies and web systems
Areas of financial & business related IP expertise include:
- Application programming interface (API) structures
- Biometric identification
- Big data
- Blockchain and smart contracts
- Cloud data
- Computer code
- Connected devices
- Contactless payments
- Data analytics
- Internet of things applications
- Mobile payments
- Network Architecture
- Payment Solutions
- Visual interfaces