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Innovative Technology Financial Institutions

Orrick, Herrington & Sutcliffe LLP

Fed officials emphasize need for progress on financial inclusion

Recently, two members of the Fed, the Vice Chair for Supervision, Michelle Bowman, and Governor Michael Barr, both spoke on the ongoing challenges and opportunities in advancing financial inclusion across the U.S. Both...more

Katten Muchin Rosenman LLP

Tokenization of Real-World Assets: Opportunities, Challenges and the Path Ahead

Digital assets are no longer just the playground of fintech startups. Mainstream financial institutions now offer token-friendly custody and settlement, global exchanges are piloting digital-asset divisions, and traditional...more

Carlton Fields

FINRA’s Blueprint for the Metaverse

Carlton Fields on

In October 2024, FINRA released its blueprint for the securities industry’s use of the metaverse — the metaverse report. The metaverse, often framed as “the next evolution of today’s internet,” is a loosely defined term used...more

K2 Integrity

[Webinar] Collaborating for Digital Transformation: Innovation, Governance, and the Future of Financial Operations - April 9th,...

K2 Integrity on

Join our panel of experts for an insightful one-hour session on digital transformation in financial crime compliance. This webinar brings together leaders and innovators at the forefront of financial crime compliance...more

Proskauer - Minding Your Business

Do Stablecoin Patent Applications Signal a Cryptocurrency Evolution?

Stablecoins have emerged as one of the most transformative innovations in the cryptocurrency space, bridging the gap between the volatility of traditional cryptocurrencies like Bitcoin and the stability demanded by mainstream...more

Mayer Brown

Applying the Enterprise Risk Mindset to AI

Mayer Brown on

Artificial intelligence (AI) and other emerging technologies have the potential to revolutionize the financial industry. At the same time, its use introduces new risks that need to be anticipated and addressed. This paper...more

K&L Gates LLP

Australia: AI and Your Obligations as an Australian Financial Services Licensee

K&L Gates LLP on

As Artificial intelligence (AI) continues to be adopted and used by Australian Financial Services (AFS) licensees broadly, it has become increasingly evident that many licensees’ deployment of AI falls short of their existing...more

A&O Shearman

UK AI: existing regulators take the lead

A&O Shearman on

As further initiatives come in to play and legislation is on the horizon, existing regulators (such as the ICO, CMA, Ofcom and FCA) continue to press on with their approach to AI regulation, including through the Digital...more

Alston & Bird

CFPB Submits Comment Letter on Use of AI in Financial Services

Alston & Bird on

What Happened? On August 12, the Consumer Financial Protection Bureau (CFPB) submitted a comment letter in response to a Treasury Department Request for Information on the use of AI in financial services....more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 43: Investing in Financial Inclusion

Kabir Kumar, director of policy and ecosystem building at Flourish Ventures, joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt to explore the fundamental role of technology in expanding access to fair and stable...more

K&L Gates LLP

Brussels Regulatory Brief: June 2024

K&L Gates LLP on

Antitrust and Competition - The European Commission to Take Action to Address Territorial Supply Constraints - On 24 May 2024, the EU Commissioner for Competition, Margrethe Vestager, announced that the European Commission...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 40: Financial Innovation and Supervision

RegFi co-hosts Jerry Buckley and Caroline Stapleton welcome podcast guest Tracy Basinger, former head of supervision at the Federal Reserve Bank of San Francisco and a senior advisor at the Klaros Group. Tracy brings a unique...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 39: Technological Innovation in the Mortgage Industry

Bob Broeksmit, President and CEO of the Mortgage Bankers Association, joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to discuss the transformative impact of technology on the mortgage industry. Bob highlights the...more

Mayer Brown

Labour's Plans for Financial Services Regulation: What We Know

Mayer Brown on

Labour have won the general election, with a landslide victory of 412 seats. We address the question for financial services firms: what are their regulatory plans for financial services? Although their election manifesto was...more

Mayer Brown

FINRA Reminds Members of Regulatory Obligations When Using Generative Artificial Intelligence (AI) and Large Language Models

Mayer Brown on

On June 27, 2024, the Financial Industry Regulatory Authority, Inc. (“FINRA”) issued Regulatory Notice 24- 09 (the “Notice”) reminding member firms that FINRA’s rules and the securities laws apply to the use of artificial...more

Thomas Fox - Compliance Evangelist

Anti-Money Laundering in the Age of AI

In a recent episode of the podcast Innovation in Compliance, I had the pleasure of speaking with Jennifer Arnold, a leading expert in anti-money laundering (AML) and the co-founder of Minerva, a cutting-edge investigation and...more

Womble Bond Dickinson

Innovation Interchange: Unlocking the Potential of Crowdsourced Intelligence Across Defense, Healthcare and Financial Services...

Womble Bond Dickinson on

In the contemporary landscape of intelligence gathering, the emergence of crowdsourced data has paved the way for revolutionary approaches to information acquisition. ...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 23: Regulatory Tech Innovation Accelerating Around the Globe: Nick Cook Describes Trends

Nick Cook joins RegFi cohosts Jerry Buckley and Sasha Leonhardt for a conversation about how regulators globally are approaching technological innovation, both in the markets they supervise and within their own operations....more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 13: Fintech Trends from 2023 – and What’s Ahead – with Peter Renton

As the year draws to a close, we welcome Peter Renton to the RegFi podcast for a conversation about fintech trends from 2023 and what to anticipate moving ahead. Peter is the chairman and co-founder of Fintech Nexus and has...more

Thomas Fox - Compliance Evangelist

Creating a Sustainable Communications Compliance Environment with Technology

This week I have a special five-part podcast series, sponsored by Verint on the Future of Communication in Financial Compliance on the Innovation in Compliance podcast series on the Compliance Podcast Network. My guest in...more

Troutman Pepper Locke

The Uses and Risks of AI in BSA/AML Compliance: Navigating the Future of Financial Crime Prevention

Troutman Pepper Locke on

In the realm of financial crime prevention, the adoption of generative artificial intelligence (AI) technologies has the potential to revolutionize Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. AI offers...more

Wilson Sonsini Goodrich & Rosati

Guardrails for Bank-Fintech Partnerships: The Federal Banking Agencies Finalize Third-Party Risk Management Expectations

The Board of Governors of the Federal Reserve System (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the Agencies) issued the long-awaited...more

Orrick, Herrington & Sutcliffe LLP

Founder Series: Top Tips for Financial Services Startups

Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our...more

Bennett Jones LLP

Fintech in Canada Q1 2023: A Pivotal Moment

Bennett Jones LLP on

Welcome to Bennett Jones' quarterly Fintech in Canada update, where our fintech lawyers address timely issues shaping the industry. We look at what industry participants need to know in the areas of financial regulation,...more

Foley & Lardner LLP

Are the Wild Wild West Days of Silicon Valley Over?

Foley & Lardner LLP on

Here at Foley, we've partnered with companies through times of prosperity and crisis. From the Dot-com bubble and the Great Recession to current volatility in crypto to health tech, we've observed a common thread — governance...more

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