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Tuesday, October 5 • 3:50pm - 4:20pm
Banking on Open: Ensuring the Continued Growth of OSS in FinTech - Amanda Brock on behalf of Open Invention Network

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Amanda Brock will discuss the emergence of banks and finance companies as increasingly tech-centric, arising with the growing adoption of Open Source Software (OSS).  Amanda will discuss a potentially significant impediment to the growth of OSS in the sector – patent lawsuits. She will explain how patent aggression by operating companies and Patent Assertion Entities (PAE’s) could slow the progress of OSS code adoption in this sector absent unified support for patent non-aggression.  Amanda will discuss the benefits of developing a comprehensive IP strategy that aligns with the realities of today’s technological environment.  This means recognizing the duality occasioned by the use of both open source and proprietary software. She will showcase some of the steps that finance companies can implement by working through patent risk reduction programs offered by entities like AST, LOTnet, RPX, and Unified Patents. Finally, Amanda will explain how companies such as Barclays, TD Bank, Sumitomo Mitsui, Ant Group, Tencent (WeChat mobile payments), UnionPay, Ethereum, and others are benefiting from patent non-aggression through free membership in the Open Invention Network (OIN). 

avatar for Amanda Brock

Amanda Brock

Amanda Brock is CEO of OpenUK, the UK organisation for the business of Open Technology in the UK – being open source software, open hardware and open data -with a purpose of UK Leadership and International Collaboration in Open Technology.She is a Board Member of the Open Source... Read More →

Tuesday October 5, 2021 3:50pm - 4:20pm BST
Enterprise 1