Impact of India’s 2024 Patent Rules Amendments on AI-Driven Licensing Agreements in the FinTech Sector
India’s fintech scene is booming. From digital payments to automated lending and personalized wealth management, AI sits at the center of today’s innovation. In March 2024 the government introduced the Patents (Amendment) Rules, 2024, which aimed to make the patent system faster and more applicant-friendly. That change matters for AI developers and the banks that […]
IP Protection For Fintech Companies
Introduction With advent in technology, Fintech industry has been thriving in the recent past. Fintech is the technology, involved in the financial sector. According to a report titled “$1Tn India Fintech Opportunity”, by Chiratae Ventures and Ernest and Young, Indian Fintech is expected to record a revenue of $200 Billion, it also emphasised that the […]
Intellectual Property Rights For Fintech
Introduction Even though traditional banks continue to command the financial market by offering standard operations such as payments, deposits, and credit; they need to understand that now, they are not the only players. A new concept titled ‘digital banks’ is quickly becoming the default payment mechanism. Due to the current financial crisis such as high […]