K6 Blog

With a majority of Americans using smartphones as their main entry point to the online world, consumer expectations of access to financial services from their mobile devices are on the rise.  Financial institutions are finding more and more that mobile options for consumers are not options at all but instead are imperatives to business success.  ​ So just how comfortable are consumers with using a mobile device t o review, understand, and sign actual legal documents? ​ Join Ken Moyle of K6 Partners and host Joe Hopper,  Ph.D. of Versta Research for a  free one hour webinar on Tuesday, September 12 at 2PM CST as we analyze two independent studies on consumer preferences, behaviors and expectations. The Electronic Signatures and Records Association (ESRA) and Wells Fargo are sponsoring this event.  This is your opportunity to enhance your digital electronic signature strategies through direct insight into today’s consumer needs, behaviors ...

Initial coin offerings (ICOs)   have been hailed as a disruptive new business paradigm that allows startups -- most of which are focused on blockchain or distributed ledger technology (DLT)-- to raise operating funds without the regulatory constraints and requirements that are applied to a traditional underwritten IPO. Being positioned safely outside the regulatory framework, ICOs have become a very attractive and flexible fundraising tool.  The SEC has made it clear , however, that some ICOs are subject to the full reach of the securities laws. ICO market participants must now distinguish those ICOs that may continue without regulatory constraints and those that must now conform to the U.S. securities laws. This treatment is not elective or optional - if the ICO involves the offering of a security, the ICO must be done in accordance with established securities law requirements or proceed under an exemption if available. In its July 25, 2017  Report , the SEC concl...

K6 Partners announced today the release of a free e-signature policy library at www.esignaturepolicies.com . “The lack of esignature policies–and the sense of certainty they provide– is the number 1 reason for delaying critical digital transformation initiatives,” said Ken Moyle , president of K6 Partners.  “The eSignature Policies site is designed to give transformation leaders a resource for learning more about esignature policy design.” Free Webinar: E-Signature Policies for the Public Sector K6 Partners previously announced that experts in public sector e-signature policy will offer a free webinar on July 11 , 2017 at 2:00 PM Eastern / 11:00 AM Pacific. Panelists from state and local governments will share insights on adopting and managing online citizen engagement. "State and local entities are looking for new ways to engage citizens and provide value through digital channels," Moyle said. "Yet they face challenges that are different from those faced by p...

You're heading into dangerous waters. On May 25, 2018, the European Union (EU) General Data Protection Regulation (GDPR) goes into full effect, and it will almost certainly affect you. If you are not compliant with the GDPR by this date, you could face fines of up to 20 million Euros or 4% of worldwide annual revenue per breach . So it's important to understand whether the GDPR applies to your business, and if it does, what you must do to comply. It probably applies to YOU The GDPR is a comprehensive regulation meant to protect the personal data of EU citizens, wherever that data might be processed . It greatly expands the geographical scope of the EU data protection laws. In fact, the GDPR applies not only to organizations located within the EU, but also to organizations located outside of the EU if they offer goods or services to, or monitor the behavior of, EU residents. So US-based companies will need to comply with the GDPR if they are doing business...

by Heather Zalar Steele , Fisher Phillips The use of biometric data is continuously increasing, including in the workplace.  Biometric data may include facial characteristics, hand geometry, a retina/iris scan, a fingerprint or a voiceprint.  Employers often collect and use biometric data to establish records of employee hours, to restrict access to specific areas, computer systems, data or devices, to provide security and to promote employee health, including through wellness programs. Employers who use biometrics should be mindful of regulations that impact their ability to collect, retain and use biometric data.  Numerous states, including Iowa, Michigan, Nebraska, Texas and Wisconsin, have data breach notification laws that require notifications relating to the disclosure of biometric data.   New Mexico is the most recent state to enact such a law.    On April 6, 2017, New Mexico Governor Susana Martinez signed into law the state’s firs...

K6 Partners and ValTeo Tech Leverage Legal and Software Expertise to Accelerate Digital Adoption SAN FRANCISCO–May 3, 2017– K6 Partners and ValTeo Tech today announced a strategic partnership offering an innovative end-to-end approach to digitally transform  mid-market and enterprise businesses. As a leader in  digital business, law and policy  services, K6 Partners supports digital transformation initiatives, helping to ensure clients of all sizes can innovate with confidence. ValTeo Tech provides  multi-platform integration and development  services enabling organizations to accelerate adoption of digital transformation solutions. By combining the expertise of both firms, organizations of all sizes are better able to maximize digitally transformative initiatives, take on new opportunities and improve the speed and precision of management decision-making. “As experts in cross-platform recording, management and cost metering of digital transactions, we’re pr...

In December 2016, K6 Blog published this post instructing lawyers to "start thinking like developers" to remain relevant in the age of smart contracts. The following post appeared April 18, 2017 in the New Jersey Law Journal. By  Charles Toutant , New Jersey Law Journal Lawyers who advise clients on "smart contracts" drawing on blockchain technology say some potential adopters liken them to a "magic pill" that will provide a cure to all their contract-related headaches. But as " smart contracts"  become more common in more sectors of the economy, lawyers will need to increase their technical know-how and renew their focus on counseling clients instead of ministerial work, according to specialists in this fast-evolving field. While expectations should be tempered, experts said adoption of the new technology will bring changes to the practice of law. Some boosters of the technology have expressed unbridled enthusiasm for blockchain tec...