Legal

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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DTCC names Ann Shuman general counsel

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Ann Shuman, DTCC Managing Director and Deputy General Counsel, has been appointed General Counsel, effective February 1, 2017.

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Mastercard welcomes UK court ruling on interchange fees

Mastercard statement on favorable judgment of Popplewell J. of the UK Commercial Court regarding UK retailer action on Interchange Fees.

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EU Parliament suggests robots be classified as 'electronic persons' for liability issues

EU rules for the fast-evolving field of robotics, to settle issues such as compliance with ethical standards and liability for accidents involving driverless cars, should be put forward by the EU Commission, urged the Legal Affairs Committee on Thursday.

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Financial Recovery appoints Nasdaq, Thomson Reuters vet Cotter as chief revenue officer

Financial Recovery Technologies ("FRT"), a leading securities class action recovery services provider, has appointed Michael Cotter as its first Chief Revenue Officer.

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Cyber-criminal gets five years for £840K phishing fraud

A 29-year-old cyber criminal has been jailed following an investigation by the Metropolitan Police’s Falcon Cyber Crime Unit.

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D2 Legal appoints Peter Newton as COO

D2 Legal Technology (D2LT), the independent financial services legal data and technology consulting firm, has appointed Peter Newton as Chief Operating Officer, as part of its growth strategy in the Capital and Commodities markets.

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Seamless Seqr mobile payments tech set for US patent

Stockholm Nasdaq-listed Seamless has obtained a Notice of Allowance (patent application no. 14/347,742) from the United States Patent and Trademark Office (USPTO) for its SEQR mobile payment solution.