Tagged: patents

January 6, 2025 @ 1:18 am By Omar Faridi  |  

HighRadius announced that it has been awarded an exclusive patent by the United States Patent and Trademark Office for a Machine Learning (ML)-based system and method for correcting image data. By addressing the limitations of optical character recognition (OCR) engines, the new approach significantly “reduces… Read More

June 20, 2023 @ 9:16 am By Omar Faridi  |  

Mastercard (NYSE: MA) is continuing its move into the volatile crypto sector. The payments giant has submitted a trademark application claiming plans for software for crypto and blockchain/DLT transactions, as well as interconnecting virtual asset service providers for crypto transfers. It appears as if Mastercard… Read More

September 12, 2022 @ 10:45 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) recently revealed that it has recorded the most patents granted in the first half of any year in the company’s history. The U.S. Patent Office granted Bank of America 341 patents “during the first half of 2022, which is a… Read More

September 29, 2021 @ 3:11 pm By Tony Zerucha  |  

While at the beginning NFTs were predominantly used by artists to claim the ownership and novelty of their digital creative work, the uses for the digital tokens are growing, a new report from Global Data suggests. Companies are now filing NFT-related patents to secure their… Read More

February 19, 2021 @ 8:51 am By Omar Faridi  |  

BioCatch, a digital identity firm, has revealed that it has acquired a registered US patent for the method it uses to verify a user’s identity and for detecting fraud. According to BioCatch, the verification process is based on the manner in which the user holds… Read More

February 3, 2019 @ 3:23 pm By Aubrey Hansen   |  

You’ve worked tirelessly on your latest project, and eventually, find yourself sitting with what could be a breakthrough invention. Months, or even years, of hard work have come to fruition, and now you’ve reached the promised land of sorts. Your first instinct may be to… Read More

January 23, 2019 @ 1:04 pm By JD Alois  |  

Templum Markets, a primary issuance and secondary trading platform for blockchain based securities, and IPwe have partnered to launch a patent finance market. Templum Markets and IPwe claim they are creating an entirely new financing framework, enabling companies to efficiently finance their patented intellectual property,… Read More

December 16, 2018 @ 12:00 pm By Cali Haan  |  

The Chinese government is looking to create a cryptocurrency that will allow it to better monitor the financial conduct of citizens and institutions, Bloomberg reports. Software developers at the People’s Bank of China have registered 78 digital currency patents since 2016, and, as of August,… Read More

April 30, 2018 @ 1:39 pm By Samantha Hurst  |  

The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites patent application-to-grant process for fintech inventions and fintech patents can be expected to… Read More

January 19, 2017 @ 1:13 am By Jessica Pham  |  

Reports came out during the holiday season last year of banks quietly stocking up on blockchain patents.  Banks will compete with startups making the same moves.  They will also compete for patents with trolls who suppress innovation. The future of blockchain innovation depends on who… Read More

November 25, 2016 @ 5:02 pm By JD Alois  |  

Investment crowdfunding covers many different verticals. From early stage to later stage companies from debt to equity from real estate to revenue share. The internet can be a great leveler of information and opportunity. Patents can be a plus for early stage companies as investors… Read More

April 20, 2015 @ 2:32 pm By JD Alois  |  

The embedded video below is courtesy of the team at Engine.is, one of advocacy groups battling the issue of patent trolls.  Last week the FT highlighted one of the challenges with the debate as it contrasted the opposing perspectives of the tech industry with research… Read More

February 26, 2015 @ 8:53 am By JD Alois  |  

The UK government has responded to the Law Commission report on the law on groundless threats to bring proceedings for infringement of Intellectual Property rights including patents. The proposed reforms are intended to ensure the “threats provisions” are clearer for businesses. A spokesperson stated this will make… Read More

February 13, 2015 @ 10:03 am By Anna Duning  |  

Crowdfunding platforms just became the latest target for patent trolls – entities that purchase patents, not to produce any goods or services, but to threaten and file infringement suits and attempt to collect licensing fees. Take the case of AlphaCap Ventures, LLC, a company that… Read More

January 29, 2015 @ 9:33 am By JD Alois  |  

It was revealed earlier this week that a patent infringement lawsuit was filed against Indiegogo, CircleUp, GoFundMe, Kickstarter, Gust, RocketHub & Innovational Funding  by Alphacap Ventures LLC for a trial by jury in the Eastern District Court of Texas. Alphacap Ventures is based in California but… Read More

September 19, 2014 @ 12:24 pm By Samantha Hurst  |  

Three years ago, crowdfunding leader Kickstarter became embroiled in a legal battle with musician and creator of website ArtistShare, Brian Camelio. Now it looks like the battle of who invented (or at least controls the intellectual property) crowdfunding is finally about to come to end…. Read More

August 19, 2014 @ 10:47 am By JD Alois  |  

EquityNet has announced receiving two more patents from the U.S. Patent and Trade Office.  The patents surround crowdfunding and represent the company’s fourth and fifth crowdfunding patents. Patent number 8,793,170 is titled “Electronic Enterprise Capital Marketplace Apparatus and Method” and patent number 8,793,171 is titled “Electronic System… Read More

December 28, 2013 @ 12:50 pm By Charles Luzar  |  

We recently stumbled upon a Quora answer from David S. Rose made in July of last year. One of the topics relevant to crowdfunding is IP protection. Crowdfunding is a very public endeavor, and exposing early-stage ideas to the crowd carries some risk of garnering… Read More

November 29, 2013 @ 11:21 am By Charles Luzar  |  

I was feeling a little festive yesterday and didn’t get to a roundup, so we’re making up for it today with a big roundup of things we’ve found throughout the week. My turkey coma has thankfully worn off. Forbes | Britain’s Crowdfunders Plot World Domination… Read More

August 1, 2013 @ 9:39 am By Charles Luzar  |  

EquityNet has announced that they have secured a patent for technology that monitors the performance of private businesses. Titled “Electronic Enterprise Monitoring Apparatus,” it is the third crowdfunding-related patent held by EquityNet. Other patents in EquityNet’s portfolio are titled “Electronic Enterprise Capital Marketplace” and “Electronic Enterprise Analysis Apparatus”…. Read More