A boom in new fintech innovations saw UK financial services firms register a record number of trade marks in 2016, according to research.

Companies in the sector registered 4,228 trade marks last year, up from 3,141 in 2011, professional services firm, RPC, found.

Startups and established institutions are vying to stay ahead of their competitors, hoping to differentiate themselves by creating trade marks for individual products or suites of products, RPC said.

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