The US Court of Appeals for the Federal Circuit found claims directed to using data from a check to credit a merchant’s account before scanning the check to be subject matter ineligible under 35 USC § ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ReD has launched ReD eCheck, a complete check imaging solution for ...

After a 10 day jury trial, a jury found U.S. Bancorp liable for almost $3.3 million in damages for infringing upon a patent covering check-processing technology owned by Solutran, Inc. (”Solutran”).

Are you using the right merchant processing company for your business? Anyone who operates within the healthcare industry or deals with the healthcare industry must make sure that they’re fully ...

“[W]e have previously explained that merely reciting an abstract idea by itself in a claim—even if the idea is novel and non-obvious—is not enough to save it from ineligibility.” – Judge Chen, Federal ...

When it comes to paying for their groceries, consumers still like to whip out their checkbooks. According to a study released by the Food Marketing Institute, Washington, in 2000, checks made up 33% ...

• Business: ATM, credit card or check processing equipment; transaction processing Chances are U.S. Alliance Group Inc. could be behind your ATM, credit card or check transaction. “If you write a ...

The merchant industry encompasses financial services for businesses, and most often refers to processing services that allow merchants to accept transactions through credit and debit cards, as well as ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...