In the not so distant past, it could not have been predicted that new Financial Technology (FinTech) product and service offerings would be literally coming out daily from everywhere. This ranges from offerings developed by (i) FinTech companies of all sizes, (ii) incubators at technology hubs around the world, (iii) universities, (iv) "work-for-hire" developers, and (v) individuals. This also has spawned a licensing and acquisition craze at many larger companies to acquire FinTech-based technology developed by individuals and smaller, more agile companies.
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Originally published by FinTech Law Report. Copyright © 2014 Thomson Reuters.
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