Posts Tagged: financial patents
Tech Giants Lead the Way on Fintech Patents, Ahead of Banks
British patent data insights firm Cipher recently released an IP strategy report that provides a look at how many firms are patenting technologies in the hopes of …
Federal Circuit invites SAP America to Respond to InvestPic Petition for Rehearing
InvestPic filed a combined petition for panel rehearing and rehearing en banc on June 19, 2018, making two arguments. First, that the original decision must be vacated and remanded …
The SEC Defines Blockchain, But Did They Get it Right?
The SEC has landed on a definition which includes both permissioned distributed ledgers and permissionless distributed ledgers in the term “blockchain.” This is not surprising, nor is …
Trump nominates financial services inventor Margaret Weichert to serve as OMB’s deputy director of management
Margaret Weichert, Trump’s selection for deputy director of management at the OMB, is an inventor who has received “14 successful U.S. patents,” an indication that someone …
Federal Circuit upholds CBM instituted in conflict with Unwired Planet decision
The U.S. Court of Appeals for the Federal Circuit issued a decision in Return Mail, Inc. v. United States Postal Services (USPS), which affirmed a finding …
Goldman Sachs increasing interest in blockchain, develops distributed ledger tech
The concept of the central clearing house in financial systems could be completely obviated with the use of blockchain. Blockchain is a distributed database system that decentralizes …
Square fights off Alice rejection on payment transfer patent proving financial patents are not dead
U.S. Patent No. 9378491, entitled Payment Transfer by Sending E-mail. This discloses a computer-implemented method which enables the seamless initiation of a payment transfer through e-mail from …
The importance of PTAB patent review proceedings for addressing low quality patents
The availability of PTAB patent review proceedings to address low quality patents is especially important in the financial services sector where, prior to Federal Circuit’s decision …
Apple Patent Apps: From Head-Mounted Virtual Reality to Wireless Smoke Detection
It looks like Apple is looking to edge into the mobile virtual reality market dominated by Samsung’s Gear VR with the technology outlined by U.S. …
The Top 10 Patent Applications of 2015
Innovation in the automotive sector was a huge story, both for the types of technologies being developed and the companies pursuing the R&D in that field. …
BoA innovations cover security for financial transactions, wearable payment devices, cryptocurrency
Many of the patents we noticed in our recent survey of BofA technologies are related to enhanced security methods for financial transactions, such as the innovation protected …
Recent Intel patents show innovations in digital wallets, autonomous vehicles
We’ve been seeing a great influx of high tech companies entering the automotive industry this year, especially in the field of autonomous self-driving vehicles, so we’…
Bank of America patents mobile banking programs and video ATM terminals
Mobile devices were the subject of a pair of recently issued Bank of America patents recently. It was at least a little intriguing, however, that the invention …
Financial Services Innovations from IBM Combat Fraud, Improve Pricing Activities
Interestingly, we noted a great number of innovations filed by IBM that extend into the field of financial services. The company has already been working to develop …
Financial Innovation: From Smarter ATMs to Investing Casino Winnings
Today, we thought that we would spend some time scoping out a wider breadth of invention from entities outside of the two banking giants which typically earn …
