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Welcome to Shearman & Sterling’s FinTech Insights, where we provide you with real time insight and key trends on the technological revolution that is transforming the financial services industry. Here you can find relevant information on the latest surrounding the regulatory framework, digital banking, blockchain, distributed ledger, cryptocurrencies, ICO’s and much more.

  • European Commission Announces AI Initiative
    On April 25, 2018, the European Commission announced plans for an ambitious European artificial intelligence initiative to take shape over the course of the year.  Through this initiative, the Commission aims to boost the EU’s capacity for and uptake of AI, prepare for any potential socioeconomic changes and establish an appropriate ethical and legal framework for the technology.   This comes on the heels of an April 10, 2018 agreement between 24 EU member states and Norway to ensure Europe’s competitiveness in the AI landscape.

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    CONTRIBUTORS: Andy BaxterSandy Collins
    CATEGORIES: Artificial IntelligenceEU