Financial Technology Industry Report – June 2012

June 8th, 2012
Venture Capital

Hyde Park Capital has released their new Financial Technology Industry Update report.

Report Highlights:

• As of June 5, 2012, the Financial Technology industry’s sectors were quite polarized: Software & Services (up 12%) outperformed the S&P 500 over the past 12-month period, while the public stock market performance of Processing & Outsourced Services (down 2%) declined slightly and underperformed the S&P 500.

• The Financial Technology industry remains active as a number of venture and growth equity investments from institutional investors have been announced and/or completed since the beginning of 2012.

• A few notable transactions

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Judge in Oracle v. Google Case Rules that APIs are Not Copyrightable

June 1st, 2012
Patents/IP

by John R. Harris

On May 31, 2012, Judge William Alsup of the U.S. District Court for the Northern District of California issued an order stating that APIs (application programming interfaces) are not copyrightable  (Oracle America, Inc. v. Google Inc., Case No. 10-03561 WHA, “Order re Copyrightability of Certain Replicated Elements of the Java Application Programming Interface”).

Click here to view the ruling in the case.

The very first sentence of the ruling concisely summarizes the legal issue:

This action was the first of the so-called “smartphone war” cases tried to a jury.  This

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2012 SSA Impact Awards

June 1st, 2012
Events & Associations

This year’s event will be held at The Historic Defoor Center on Thursday, September 12, 2012 from 6 – 8:30pm and will be spotlighting FinTech as the “Where Georgia Leads” award category. Barry McCarthy, Group Head and General Manager, First Data Corporation, will be the Key Note speaker discussing his perspective on the latest opportunities and trends within the global payments processing industry.

Mr. McCarthy’s team supports over 4,200 financial institution customers, and those institutions’ 600 million credit/debit card consumers and 3 million card-accepting merchant locations. Mr. McCarthy is

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TAG FinTech Presents: The Big Data Value Equation

May 31st, 2012
Events & Associations

THE BIG DATA VALUE EQUATION

Presented by TAG FinTech

When: Friday, July 20, 2012 11:30 AM – 1:30 PM ET

Where: Maggiano’s Little Italy, Buckhead; 3368 Peachtree Rd NE, Atlanta, GA 30306

Click Here to Register

In the last two years alone, 90% of all data has been created! Some of the data is valuable, some isn’t.

How are leading FinTech organizations managing the potential and cost of the tsunami of data hitting their organizations daily? Can they extract the invaluable strategic information in a cost effective manner that doesn’t crush their information and analytic systems? Can they mine the relevant data so to

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