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FinTech Software Financial Services Industry

McDermott Will & Schulte

“Payment Handler”: A Nonce Term Without Instructions

The US Court of Appeals for the Federal Circuit affirmed a district court’s ruling that a software term was a “nonce” term that invoked 35 U.S.C. § 112, sixth paragraph (i.e., a means-plus-function claim element). The Court...more

Jones Day

Capital Relief for Software Assets: European Commission Amends Own Fund Requirements

Jones Day on

The Development: New Regulation (EU) 2020/2176 (the "Regulation") provides regulatory capital relief, allowing certain software assets to be considered when calculating Common Equity Tier 1 ("CET1") capital. It entered into...more

Perkins Coie

Coevolution: Reimagining Mergers and Acquisitions, Partnerships, and Engagements in the Financial Industry

Perkins Coie on

As the COVID-19 pandemic has raged on, financial institutions and banks have withstood its effects and are digitally transforming out of necessity. Many fintech companies, with technology at their core, are seeing...more

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