27 Jul BANKING TECHNOLOGY EXPERT WITNESS CONSULTANT: TESTIMONY & TRIAL TESTIFYING
Top banking technology expert witness services and testimony consultants weigh in on fintech, APIs, payments, and more. As you might imagine, and law firms and attorneys are aware, cases involving such thought leaders are also becoming more common. Today’s leading banking technology expert witnesses take us on a tour of what’s trending in the sector.
5 Types of Cases Banking Technology Expert Witness Services Cover
Banking Software Patent Infringement Cases
Thought leaders are frequently involved in cases where financial institutions are accused of infringing patents related to online banking systems, ATM software, mobile app functions, or transaction processing methods. Leading banking technology expert witness services analyze system architectures and software functionality to assess claims.Data Breach and Cybersecurity Litigation
When banks or financial platforms experience cyberattacks or data leaks, SMEs assess the effectiveness of security protocols, encryption methods, and network defenses. Respected banking technology expert witness services provide opinions on whether standard cybersecurity practices were followed.Core Banking System Failures and Disruptions
These cases involve breakdowns in the processing of transactions, deposits, or account management due to software or infrastructure failures. Experts evaluate system architecture, uptime performance, and failure response procedures.Compliance Violations and Regulatory Investigations
Noted banking technology expert witness services get asked to analyze the systems used for AML (anti-money laundering), KYC (know your customer), transaction monitoring, and regulatory reporting. KOLs determine whether tech solutions met legal and industry standards.Contract Disputes with Fintech Vendors or Service Providers
Banks increasingly partner with third-party vendors for cloud hosting, APIs, or digital service layers. Disputes over performance, licensing, or integration failures often require expert analysis of contractual obligations and technical deliverables.
50 Types of Products and Services Covered by Banking Technology Expert Witnesses
Core banking platforms
Online banking portals
Mobile banking apps
ATM software systems
Check imaging and remote deposit systems
Digital account onboarding tools
Transaction processing engines
SWIFT messaging systems
Interbank payment networks
ACH (Automated Clearing House) systems
Wire transfer systems
Customer relationship management (CRM) tools for banks
Loan origination systems
Credit scoring platforms
Digital identity verification systems
Biometric authentication solutions
Fraud detection algorithms
Risk management platforms
AML and sanctions screening software
KYC verification platforms
Electronic funds transfer (EFT) platforms
Secure messaging platforms
Document management and e-signature systems
Payment card issuing software
Point-of-sale integration systems
Compliance tracking platforms
Data analytics and reporting tools
Data warehousing systems
Cloud banking infrastructure
Open banking APIs
Digital wallet integration
Blockchain-based banking solutions
AI-powered customer service chatbots
Chat-based banking platforms
Real-time payments systems
Mobile check deposit capture
Omnichannel banking platforms
Treasury management systems
Payment tokenization tools
Cybersecurity firewalls and intrusion detection
VPNs and encrypted communication systems
Two-factor and multi-factor authentication tools
Vendor risk management platforms
Disaster recovery and business continuity systems
SaaS banking solutions
Blockchain for interbank settlements
Virtual branch platforms
Compliance automation tools
Bank performance monitoring software
Legacy system integration tools
Banking technology expert witnesses help courts, attorneys, and regulators navigate the intricate systems behind modern financial systems, offering clarity and technical accuracy in high-stakes cases.
