Over the past few years, China has introduced a range of laws dealing with data privacy and cybersecurity. The most well-known is China's Cybersecurity Law, which came into effect in June 2017. With the recent passing of China’s Data Security Law and Personal Information Protection Law, concerns regarding data localization and how to get data outside of China have been brought back into sharp focus. But beyond cross-border data transfers, these new laws may also have a further impact on...

The way consumers purchase goods and services is rapidly changing, and insurance is no exception. AI, advanced analytics, smart devices and other technologies are enabling new capabilities, and insurance companies, together with their Insurtech and Big Tech partners, are finding innovative ways to reach and service customers using these tools. Join Mayer Brown partners Rohith George, Paul Chen and Yevgeniy Markov and senior associates Yuliya Feldman and Julian Dibbell as they discuss trends...

Join Mayer Brown partners Richard Assmus and Oliver Yaros as they discuss with host Julian Dibbell how to address the IP pitfalls in data monetization. Their discussion will focus on the unseen value of data, the difficulties that exist with protecting data as traditional intellectual property, the paramount importance of the contracting regime that applies with any third parties that are providing or obtaining data, the typical pitfalls that exist when seeking to protect and exploit the...

Banking as a Service (“BaaS”) refers to arrangements where licensed banks integrate their digital banking services directly into the products of other non-bank businesses. Join Mayer Brown partners David Beam (Financial Services Regulatory & Enforcement), Rohith George and Joe Pennell and associate Julian Dibbell as moderator (all Technology Transactions) as they discuss these arrangements and how they compare to traditional technology outsourcing and other types of bank-fintech...

Banking as a Service (“BaaS”) refers to arrangements where licensed banks integrate their digital banking services directly into the products of other non-bank businesses. Join Mayer Brown partners David Beam, Rohith George and Joe Pennell and associate Julian Dibbell as moderator as they discuss these arrangements and how they compare to traditional technology outsourcing and other types of bank-fintech partnerships. The conversation will cover some of the key regulatory and contractual...

With high-profile cybersecurity incidents hitting the headlines, President Biden’s recent cybersecurity executive order seeks to strengthen security practices at federal agencies and government contractors. But what does the order mean for companies across the private sector? Join Mayer Brown partners Stephen Lilley and Veronica Glick and host Julian Dibbell for a discussion of the order’s key provisions and how they may affect how businesses manage cyber risk and contract for secure products...

Licensees face financial risk and operational disruption in audits by their software and data vendors. Changes in technology are driving a current surge in those audits. Join Mayer Brown partners Richard Assmus, Brad Peterson and associate Jengeih Tamba with host Julian Dibbell as they describe how those audits unfold and discuss strategies for reducing risk and disruption.

Across industries, companies are actively pursuing and seeking to scale existing implementation of artificial intelligence (AI) solutions to increase revenue, cut costs, develop new product offerings and retain or gain a competitive advantage. To realize the potential benefits of AI solutions, companies need to assess and account for related regulatory and compliance risks. The discussion focuses on practical approaches for companies to evaluate and account for regulatory and compliance risks...

The supply chain for products is becoming vastly complex as more and more products involve technology components. Technology may be embedded in products to achieve their intended purpose; remotely connected to monitor and maintain them, update their functionality and connect them with other systems; and used to collect data valuable to the enterprise. Understanding and managing the risks associated with these interconnected solutions will help an enterprise achieve its desired business...

There is a great deal more to monetizing data than setting up a data lake. In this episode, we discuss legal issues faced by investment funds working to drive returns by analyzing the operational data of their portfolio companies. Join Mayer Brown partners Brad Peterson and Elizabeth Raymond as they discuss key legal considerations and best practices with host Julian Dibbell.

When one of your key technology customers or vendors files for bankruptcy, what is the impact on your company? And what can your company do to mitigate the impact? Join Mayer Brown counsel Monique Mulcare and partners Richard Assmus and Matthew Wargin as they discuss key considerations and best practices with host Julian Dibbell.

The end of the Brexit transition period and the implementation of the new UK/EU Trade Agreement have had a significant impact on technology transactions throughout Europe. Businesses entering into Europe-wide technology engagements should pay particular attention to the effects on technology licensing, data privacy and international data transfers, employment and immigration rules, and financial services regulatory requirements. Join Mayer Brown partners Oliver Yaros, Christopher Fisher,...

Today’s managed services deals deliver new levels of value through cloud services, process automation, AI and other digital age technologies. This digital transformation of outsourced functions is providing services that perform faster and better and at a lower cost. But there are new risks and challenges that require new contracting terms and approaches. Join Mayer Brown partner Brad Peterson and associate Alan Velasco as they discuss with host Julian Dibbell how lawyers can help clients...

Many companies are increasingly relying on third parties to provide critical services and technology to support their business objectives. While dispute clauses might not seem important at the time of negotiation, it is the first clause a litigator looks at when a dispute arises. Please join Mayer Brown partners Sarah Reynolds and Jim Ferguson and host Julian Dibbell as they discuss practical ways to optimize your contract’s dispute clauses.

Companies are increasingly pursuing new and innovative ways to use an asset that they have had for years—their data. This data, usually combined with data acquired from third-party sources, can help a company optimize internal operations, improve existing products or services, or create new data-driven revenue streams. But to succeed with these initiatives, companies need to evaluate and account for a number of legal, business, and operational issues, some of which may change or impact the...

As widely reported, 2020 was a year of rapid digital transformation and an inflection point for many long-running trends in data, digital, outsourcing and software transactions. In our first episode of season two of Tech Talks, partners in Mayer Brown’s Technology Transactions practice discuss likely trends based on their observations from work on critical transactions for clients. Key topics will include managed services, privacy, cloud/XaaS, data monetization, fintech and other technology...

Banks, insurance companies and other financial institutions are providing more and more of their financial services online to compete in today’s digital economy. In many cases, this is accomplished through websites and mobile apps that the financial institution develops and operates itself. However, as fintech companies create online platforms with features and functions that today’s customers prefer, we are seeing financial institutions increasingly contract with fintechs to act as online...

The legal issues surrounding ownership with regard to inventions and other works created using artificial intelligence (or “AI”) are top of mind for various companies. Current IP statutes in the United States and Europe can create roadblocks for protecting AI-created inventions, works and data, and companies are contemplating how to secure ownership of materials and data created by AI tools. In this episode of Tech Talks, Richard Assmus, Mark Prinsley and Julian Dibbell discuss IP laws and...

The expanded use of IoT presents growing security risks and challenges for companies across a wide range of business sectors. In an increasingly connected world, where IoT solutions are often dependent upon third party vendor technologies, cybersecurity vulnerabilities are amplified as additional endpoints provide threat actors with more means to reach critical systems. Understanding the legal landscape, conducting cyber due diligence and thoughtful contracting are important tools for...

“Open banking” refers to the practice of banks providing application program interface (“API”) access to customer accounts, allowing customers to access their account information and initiate transactions through a third party’s user experience. In this episode of Tech Talks, Chris Chapman, Julian Dibbell, Rohith George and Oliver Yaros discuss open banking, which many financial institutions are choosing over “screen scraping” and similar techniques, and its risks and rewards.

Artificial intelligence’s (AI) presence continues to grow in many industries and within various technologies as innovative organizations use it for competitive advantage. But before an AI solution is implemented, AI’s unique licensing issues should be considered. In this Tech Talks episode, Rebecca Eisner and Julian Dibbell discuss key issues that arise for providers and users in AI licensing agreements, including IP ownership and infringement, warranties and legal compliance.

In July 2020, the Platform to Business Regulation (EU) 2019/1150 (“P2B Regulation”)—aiming to promote fairness and transparency for business users of online platforms and search engines—became applicable in European Union member states and, as a result of the Brexit transition, the United Kingdom. In this episode of Mayer Brown’s Tech Talks podcast, Ana Bruder, Ondrej Hajda and Julian Dibbell discuss what this means for business and what to expect going forward.

Technology Transactions partners Dan Masur, Brad Peterson and Linda Rhodes, along with senior associate Julian Dibbell, discuss steps to consider for outsourcing and other technology-based services contracts as we emerge from the pandemic.

US-based partners Nina Flax, leader of our Northern California Corporate & Securities practice, Steve Kaplan, co-leader for the firm's Financial Services Regulatory & Enforcement group, Joe Pennell, a Technology Transactions partner active in both fintech M&A and bank/fintech partnership transactions, and Libby Raymond, co-head of the Financial Institutions M&A and Fintech groups, discuss the top 10 due diligence pitfalls for fintech transactions.

Technology Transactions partners Brad Peterson and Linda Rhodes along with senior associate Julian Dibbell discuss how to respond to requests for COVID-19 waivers from outsourcing service providers. During this podcast, they review potential concerns for customers to consider and provide some practical suggestions that companies can take now to avoid additional risk.