Patent litigation is not just for tech companies anymore. As financial services companies provide their customers more services and greater flexibility, patents become a facet of everyday operations. From check imaging technology to mobile wallets and banking apps, patents—and their sometimes-litigious owners—should be at the forefront of any risk analysis for the financial services industry. Indeed, technology with little direct correlation to a financial services company’s core mission—such as Web-based “location finders” or databases—can lead to lawsuits in federal courts all over the country. 

So-called “business method” patents are also still very much in play. Congress recognized the problems these patents create for financial services companies and included provisions in the America Invents Act—the landmark patent reform bill signed into law last fall—that allow a savvy financial services company to avoid, or at least delay, costly litigation.

At this webinar, we will discuss the changing landscape of patent litigation as it pertains to the financial services industry. We will also discuss strategies that financial services companies can use to mitigate the threat of patent litigation.

topics

  • The short- and long-term effects of the America Invents Act
  • Recent trends in financial services IP litigation
  • Recent appellate court decisions affecting patent litigation against the financial services industry
  • New financial services technology that could start a wave of patent litigation
  • How to deal with “patent trolls”*

    * A pejorative term used for a person or company who buys and enforces patents against one or more alleged infringers in a manner considered by the target or observers as unduly aggressive and opportunistic, often with no intention to further develop, manufacture or market the patented invention.
    – Wikipedia.  

program

12:00 PM - 1:00 PM ET | Webinar

moderator

Alan S. Kaplinsky, Practice Leader, Consumer Financial Services Group

panelists

Lawrence K. Nodine, Partner, Intellectual Property Department
Richard W. Miller, Associate, Intellectual Property Department

There is no cost to attend. This program is not eligible for continuing education credits. Please register at least 2 days before the webinar. Login details will be sent to all approved registrants.