High Court rejects claim blockchain developers owe duties to users
March 29, 2022
The latest instalment in the Tulip Trading v Bitcoin Association litigation has been greeted with relief by many in the blockchain community, after the High Court threw out a claim that bitcoin developers (including several bitcoin forks) owed a duty of care or a fiduciary duty to an alleged owner of bitcoin.
AI Regulation of financial institutions: EU and beyond
December 09, 2021
Regulation of artificial intelligence is on the way in many regions across the globe. The EU Commission has proposed an AI regulation that would apply to financial institutions, and governments elsewhere are considering their own regulatory responses.
NFTs and copyright infringement: Miramax v Tarantino
November 25, 2021
Director Quentin Tarantino recently announced that he would be auctioning as non-fungible tokens (“NFTs”) excerpts from the original handwritten screenplay of the 1994 film Pulp Fiction.
Blockchain law: When plaintiffs raise claims of platforms behaving badly
October 04, 2021
What happens when electronic cryptocurrency platforms do not function properly or the platform operators work against their own users?
AI for Banks: Key Ethical and Security Risks
September 20, 2021
While providing the opportunity for greater efficiency and revenue, better qualified personnel and improved risk management and compliance, there are important ethical and security risks that banks need to properly manage if they elect to use AI.
The Payment and Electronic Money Institution Insolvency Regulations 2021
July 26, 2021
This blog post examines the Payment and Electronic Money Institution Insolvency Regulations 2021 which provide for a new special administration regime for payment and electronic money institutions.
Artificial Intelligence in UK Financial Services
July 22, 2021
The much anticipated report published by the Alan Turing Institute provides an articulate and succinct overview of the technical aspects of AI in three key areas of innovation relevant to the financial services sector (machine learning, non-traditional data and automation) and the consequential challenges in design and deployment.
FinTech Pulse podcast
July 20, 2021
In this special edition of FinTech Pulse, Madeline Bailey, co-head of Technology consulting is joined by one of the most influential women in European InsurTech, Parul Green, Board member of Insurtech Board, HM Treasury and Chief of Staff, APAC and Europe at AXA XL, to discuss the state of all things innovation and InsurTech in the Insurance sector.
German payment services in transition
July 08, 2021
The payment services landscape is currently overshadowed by the scandal around Wirecard. Unfortunately, this is distracting the focus from technological innovation and the increasing digitisation of daily life.
The (Artificial) Intelligent Investor
June 21, 2021
With the growth of app-induced innovation, various robo-advising platforms have taken the lead in providing investors with seamless, efficient, and cost-effective means of advice.