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	<title>Patents &#38; the Financial Services Industry</title>
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	<description>News and chatter affecting patents and the financial services industry</description>
	<pubDate>Mon, 26 Jul 2010 15:24:40 +0000</pubDate>
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		<title>Bilski — A Financial Patent&#8217;s Waterloo?</title>
		<link>http://xelpi.com/?p=376</link>
		<comments>http://xelpi.com/?p=376#comments</comments>
		<pubDate>Mon, 26 Jul 2010 15:24:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=376</guid>
		<description><![CDATA[From Law360 (subscription required):
 
Bilski — A Financial Patent&#8217;s Waterloo?

Law360, New York (July 23, 2010) &#8212; Michael Lewis’ best-seller, The Big Short, reads like the best of Agatha Christie’s mysteries, chronicling the collapse of the subprime mortgage market and its infectious spread to the underpinnings of our credit system, methodically wiping out wealth measured in trillions [...]]]></description>
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		<item>
		<title>XPRT Brings Really, Really Big ($3.8 Billion) Patent and Trade Secret Claim Against eBay/PayPal</title>
		<link>http://xelpi.com/?p=363</link>
		<comments>http://xelpi.com/?p=363#comments</comments>
		<pubDate>Tue, 20 Jul 2010 22:16:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Business Method Patents]]></category>

		<category><![CDATA[Litigation]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=363</guid>
		<description><![CDATA[ 
 
 Last week XPRT Ventures filed a complaint against eBay and subsidiaries PayPal, StubHub, Bill Me Later and Shopping.com, alleging both patent infringement and trade secret theft.  XPRT (pronounced “expert”) seeks $3.8 billion in damages, and the case has already garnered substantial attention from the mainstream media, business journals, the tech world, and patent commentators.  See [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=363</wfw:commentRss>
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		<title>Bilski v. Kappos (Finally!!!) and What It Means For Financial Services Patents</title>
		<link>http://xelpi.com/?p=346</link>
		<comments>http://xelpi.com/?p=346#comments</comments>
		<pubDate>Thu, 15 Jul 2010 20:29:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Bilski]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=346</guid>
		<description><![CDATA[ 
Introduction
Much has already been written about this long-awaited decision.  The important holding was simply that (1) the Federal Circuit’s machine-or-transformation test is not the sole test for deciding whether an invention is a patent-eligible process,  and (2) Bilski’s claim* covering hedging risks in commodities trading was too abstract to be patent eligible.  To some, who [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=346</wfw:commentRss>
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		<title>“Patent” (well, sort of) of the Week (7/13/2010): Tekelec Awarded Patent for Performing Sales Transactions Using Mobile Communications Devices</title>
		<link>http://xelpi.com/?p=342</link>
		<comments>http://xelpi.com/?p=342#comments</comments>
		<pubDate>Wed, 14 Jul 2010 18:38:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Patent of the Week]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=342</guid>
		<description><![CDATA[Network solutions and mobile data management provider Tekelec was awarded U.S. Pat. 7,756,788 on July 13, 2010.  The patent is directed to performing sales transactions using a mobile devices without using the text messaging or paging capabilities.  The claim recites using a voice call from a mobile communications subscriber – rather than a text message [...]]]></description>
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		<item>
		<title>Variable Annuity Patent Not Infringed: Performing a Step Manually Can Avoid Infringement of a Computerized Method Claim</title>
		<link>http://xelpi.com/?p=332</link>
		<comments>http://xelpi.com/?p=332#comments</comments>
		<pubDate>Fri, 25 Jun 2010 19:15:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banking]]></category>

		<category><![CDATA[Federal Circuit]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=332</guid>
		<description><![CDATA[
 
In Lincoln National Life Insurance Co. v. Transamerica Life Insurance Co. (Fed. Cir. 2010), after a jury found claim 35 of Lincoln’s patent, U.S. Pat. 7,089,201, infringed by Transamerica and not invalid and awarded Lincoln $13 million in damages, the CAFC reversed on infringement.
 
What is interesting about this case is not only the subject matter [...]]]></description>
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		<title>Federal Circuit Tackles Scope of Patent Prosecution Bars in Deutsche Bank Case</title>
		<link>http://xelpi.com/?p=320</link>
		<comments>http://xelpi.com/?p=320#comments</comments>
		<pubDate>Wed, 02 Jun 2010 22:04:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Articles]]></category>

		<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=320</guid>
		<description><![CDATA[From Court House News Services:
     The Federal Circuit has clarified the circumstances under which courts may block attorneys from prosecuting certain patents to keep them from inadvertently disclosing confidential information gleaned in another case.
     The ruling marks the first time the Washington, D.C.-based court has outlined the standards and scope of patent prosecution bars, which prohibit [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=320</wfw:commentRss>
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		<title>U.S. Bank loses check-imaging patent verdict</title>
		<link>http://xelpi.com/?p=317</link>
		<comments>http://xelpi.com/?p=317#comments</comments>
		<pubDate>Mon, 29 Mar 2010 15:54:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Articles]]></category>

		<category><![CDATA[Banking]]></category>

		<category><![CDATA[Litigation]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=317</guid>
		<description><![CDATA[ From Bloomberg.com:
U.S. Bancorp, Minnesota&#8217;s largest bank, should pay $27 million for infringing patents related to digital checks owned by DataTreasury Corp., a jury in Texas said Friday.
The trial is the first of three on DataTreasury&#8217;s infringement claims that may lead to more than $1 billion in damages against the banking industry.
The patents relate to the [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=317</wfw:commentRss>
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		<item>
		<title>What To Know About U.S. Bank’s Patent Litigation</title>
		<link>http://xelpi.com/?p=313</link>
		<comments>http://xelpi.com/?p=313#comments</comments>
		<pubDate>Fri, 19 Mar 2010 17:06:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Banking]]></category>

		<category><![CDATA[Litigation]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=313</guid>
		<description><![CDATA[

On its face, this case is a David versus Goliath story about a small Plano-based company with just a few patents to its name fighting against the behemoth commercial banks of the world, including U.S. Bank any many others.  DataTreasury is asserting it’s patents against U.S. Bank, Wells Fargo, Bank of America, Wachovia, Deutsche Bank, [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=313</wfw:commentRss>
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		<title>Global Standard Financial Announces the Awarding of Two US Patents Covering the Paperless Check or Electronic Payment Orders</title>
		<link>http://xelpi.com/?p=310</link>
		<comments>http://xelpi.com/?p=310#comments</comments>
		<pubDate>Mon, 08 Mar 2010 19:44:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Articles]]></category>

		<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=310</guid>
		<description><![CDATA[&#8220;Global Standard Financial, Inc. (GSF) www.gsf-inc.com announced today the awarding of two patents by the US Patent and Trademark Office which cover the fundamental processes necessary to securely create paperless Check 21-based checks or Electronic Payment Orders (EPO). The term EPO was described in a November 2009 Chicago Federal Reserve Policy Paper which outlined the [...]]]></description>
		<wfw:commentRss>http://xelpi.com/?feed=rss2&amp;p=310</wfw:commentRss>
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		<item>
		<title>Target Brands Gets Patent for Financial Transaction Card Holder.  With Card!</title>
		<link>http://xelpi.com/?p=304</link>
		<comments>http://xelpi.com/?p=304#comments</comments>
		<pubDate>Wed, 03 Mar 2010 22:16:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Credit Card]]></category>

		<guid isPermaLink="false">http://xelpi.com/?p=304</guid>
		<description><![CDATA[The folks at Target recently received a U.S. Patent for a “Financial transaction card holder with card,” U.S. Pat. No. D610346.  Yes, it’s just a design patent, but it’s pretty nifty nonetheless. 

]]></description>
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