Jipyong provides various legal services in the field of electronic finance and fintech through the organic cooperation between the Finance Group and IP & IT Team.
The convergence between finance and ICT has led to the emergence of new technologies and products, resulting in the occurrence of unexpected issues in the framework of current financial regulations and supervision systems. In line with these changes, Jipyong provides timely and tailored advice in a wide range of areas, including licensing for fintech, ICT, information protection and security, intellectual property rights, and overseas expansion of fintech business.
Key Practice Areas Close
- Obtaining license and approval for fintech and electronic finance businesses and responding to supervisory authorities
- Regulatory sandbox on fintech and electronic finance businesses and responding to supervisory authorities
- Fintech and electronic finance related laws and regulations and business structure design
- Preparation and negotiation of fintech and electronic finance related contracts
- Information security and compliance related to fintech and electronic finance
- Litigation on intellectual property rights related to fintech and electronic finance, including BM patents
- Foreign direct investment and foreign exchange transactions incidental to fintech and electronic finance businesses
Experience Close
- Advised financial institutions on licensing for internet banks
- Advised a software development company on the application for review on a financial regulatory sandbox
- Advised financial institutions and electronic financial transaction operators on compliance and regulations on business conduct
- Advised financial institutions on digital window and digitalization of transaction documents
- Advised on contract for card system development services and system maintenance
- Advised on registration of business for unmanned exchange and overseas remittance of small amount
- Advised a financial institution on the establishment of integrated card point mileage program with LCC airlines
- Advised on establishment of a sound recording copyright trading platform
- Advised on invention in service regarding internet payment verification method and system
- Advised on mobile subscription and patent infringement regarding insurance contract
- Represented in an appeal against decision rejecting patent application related to card point assignment method and system
- Advised and represented cases related to voice phishing, farming, smishing and forgery and falsification of financial companies
- Advised and represented on financial companies’ electronic financial transaction liability insurance, E-BIZ liability insurance, cyber insurance
- Performed services on overseas expansion of financial holding company for fintech business
- Advised electronic financial transaction operator on overseas mobile payment business
