29 Sep
Member News, News

Troutman Pepper Locke | AI’s Impact on Patent Examination: A Forward-Looking Perspective

By: John A. Morrissett, Scott Bergeson, Aaron E. Johnston, TROUTMAN PEPPER LOCKE Faster office actions, improved prior art searches, and a more consistent application of the law — these will be hallmarks of the future of patent examination at the U.S. Patent and Trademark Office (USPTO) due to increased use of artificial intelligence (AI). Applicants and patent practitioners are faced with an unprecedented challenge that could significantly change prosecution strategy in the future. While currently aimed at augmenting the tools available to...

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29 Sep
Chapter News, News

The Fed | The Next Frontier of Payments Innovation – Speech by Governor Christopher J. Waller, Member of the Federal Reserve Board of Governors

Thank you for inviting me to speak here today. The theme for Sibos this year, "the next frontiers of global finance" is a fitting one. We are indeed witnessing a new frontier of innovation in payments and the broader financial system. New technologies like distributed ledgers, tokenized assets, smart contracts, and artificial intelligence (AI) have the potential to make payments smarter, faster, and more efficient. I know many of you in the audience today represent firms that are using...

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29 Sep
Chapter News, News

ECB Presents Findings from Digital Euro Innovation Platform and Announces Second Round of Experimentation

A digital euro could foster innovation in the European payments system and boost financial inclusion, according to a report published today on the outcome of the first iteration of the digital euro innovation platform – an initiative launched by the European Central Bank (ECB) in October 2024 for collaboration and experimentation with digital euro project stakeholders. This iteration of the innovation platform brought together almost 70 market participants, including merchants, fintech companies, start-ups, academia, banks and other payment service providers,...

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29 Sep
Chapter News, News, TRIA News

European Commission announces €545 million package to scale up renewables in Africa

European Commission President Ursula von der Leyen unveiled today a €545 million Team Europe package to accelerate Africa's clean energy transition. This announcement, made at the Global Citizen Festival via video message in the context of the United Nations General Assembly, is an important milestone in the ‘Scaling Up Renewables in Africa' campaign, co-hosted with South African President Cyril Ramaphosa. This campaign raises global awareness and mobilises public and private investments for clean energy generation and access across Africa. “The choices...

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