is an associate with Womble Bond Dickinson. He has experience drafting, reviewing and negotiating master agreements, statements of work, non-disclosure agreements, amendments, and other legal agreements and documents relating to intellectual property, market data, information technology, cloud computing and other complex commercial transactions. His transactional experience allows him to provide business-focused and time sensitive solutions, while his regulatory experience allows him to tailor his advice as needed.
Large banks have a reputation for being slow to change. However, in the past decade, the financial services industry has seen the wholesale adoption and implementation of new technology as firms realize that consumers and businesses are increasingly demanding a strong digital experience. In 2007, Bank of America was one of the first financial institutions to offer a mobile banking application and since then, the rest of the industry has followed suit. Now, consumers could not go without their banking apps – imagine going to the bank to deposit a check.