Latest legal news on tmt from Out-Law.com, part of international law firm Pinsent Masons
Updated: 3 hours 56 min ago
Hosts of online content could face greater obligations to monitor their services for illegal content if the advice of a senior court official is written into EU case law.
ANALYSIS: Financial institutions have an opportunity to build on the trust customers have in their handling of sensitive data to develop market-leading digital identity (ID) solutions that can be used to access other on- and off-line services.
A legal challenge against the use of EU-endorsed standard contractual clauses for underpinning the transfer of personal data from the EU to the US has successfully navigated its way through the Irish courts.
ANALYSIS: Banks, fintechs and retailers are wrestling with the technical challenge of payment security standards as EU deadlines approach but, whilst compliance is the immediate priority and treat to transactions, those businesses must also look towards the longer term opportunities likely to arise from the wider push to open up access to data.
The scope to display content belonging to others on websites and apps is set to be clarified in a case before the EU's highest court.
ANALYSIS: There is growing recognition of the importance of ethical use of artificial intelligence (AI), but there remain challenges for financial services institutions over how to operationalise guidelines that have been developed so far and which function of the business should 'own' such a project.