Protecting FinTech Innovation
An early form of FinTech Photo HB Source Wikipedia Jane Lambert A lot of money is going into FinTech (financial services technology) in this country and overseas nowadays including accelerator programmes promoted by our central bank and one of our major clearers (see the Bank of England's FinTech page and the Barclays Accelerator as well as details of the other accelerator programmes in the table below). But how is all that investment in FinTech to be protected if indeed it is to be protected at all? In an extract from a longer article in Gluon. Steve Findley and Vanni Torelli ask whether IP is so important to FinTech (see Fintech Startups – is IP important? The FinTech Times). In view of the amounts of money involved, I should be very surprised if it were not. Findley and Torelli argued that of the top 35 FinTec h unicorns than 25% have filed for patents. I am not in the least surprised by that statistic. Most FinTech innovation will be so