“Five more banks have been sued for patent infringement related to banking technology that is core to their business. Some 13 banks have been named in lawsuits by just one patent-holding company since May (see Patent Lawsuits Target Eight Banks).
This latest flurry of legal action is spurring discussion of regulatory reforms. The challenge, however, will be ensuring that such reforms don't hinder innovation by banks seeking patents for new technologies they develop, legal experts say.”
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