Regulatory Sandboxes for Fintechs Building apps is difficult enough without the need to ensure legal compliance. Fintech apps are a case in point with strict legal requirements from both financial and privacy regulators needing to be adhered to. Luckily, help is at hand in the UK with the Information Commissioner’s Office (ICO) and the Financial Conduct Authority (FCA) offering … [Read more...] about Should you be using a sandbox for your fintech app?
Organisations representing the London tech community have called on the next London Mayor to double down on encouraging investment and growth in the technology sector. The report outlines a series of initiatives to help the capital recover post-COVID and strengthen its reputation as a centre for innovation and growth. The report’s authors (Tech London Advocates, techUK,. London … [Read more...] about New tech manifesto for London
The UK’s Department for Digital, Culture, Media and Sport (DCMS) has released a report ("Increasing Access to Data Across the Economy") from Frontier Economics with advice from Professor Diane Coyle (co-director of Cambridge Bennett Institute) which outlines a framework to help DCMS prioritise potential interventions to increase the availability of data across the UK economy. … [Read more...] about DCMS report outlines framework for increasing data sharing across UK economy
Rapid growth of deepfakes When fashion magazine Vogue says there is a problem with deepfakes then you know this is an issue that has gone mainstream. According to Sensity which tracks deepfake videos online, the number has been doubling every 6 months since 2018 with 85,047 videos detected as of December 2020. In the UK, the deepfake video of an alternative Queen’s speech … [Read more...] about How deepfakes are a problem for us all and why the law needs to change
Following the U.S antitrust investigation into Apple announced in 2019, other investigations are growing in Europe. The European Commission opened formal antitrust investigations in 2020 to assess whether Apple’s rules for app developers and how they distribute their apps over the App Store violates EU competition rules. At the core of this probe is whether Apple’s rules on … [Read more...] about Pressures grow on Apple over App Store practices