Patent news and trends

PrimeRevenue Receives Digital Supply Chain Finance Patent
B2B Payments // July 07, 2020

PrimeRevenue, which works in working capital finance solutions, has been granted a patent for supply chain finance (SCF) systems, allowing it better capabilities for digital financing and letting it eliminate Uniform Commercial Code (UCC) waiver requirements, according to a press release. The patent is PrimeRevenue’s...

Visa Patent Application Seeks To Turn Fiat Currencies Into Digital Blockchain Versions
Blockchain // May 15, 2020

Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from...

Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US...
Bitcoin // May 03, 2020

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. The U.S. Patent and Trademark office approved the patent on April 28. The idea behind the program is to...

Amazon Seeks Pharmacy Trademarks In Canada, UK, Australia 
International // January 21, 2020

Amazon has filed for a trademark for Amazon Pharmacy in several countries, according to a report by CNBC. Those countries include Australia, Canada and the U.K. The trademarks illustrate how Amazon could potentially move its nascent online pharmacy business overseas, despite the numerous challenges it...

Interviews & Exclusives
A Single Scan And Done — The Benefits Of Mobile Wallet Integration

August 13, 2018
Digital data is one thing, and mobile apps do pretty well in appealing to high-value customers, but integration is the real trick. The ability to tie it all together into one friction-free experience can save time and boost revenue. That’s the thinking behind the newest U.S. patent awarded to CARDFREE, a mobile wallet provider, which […]

Defense Against Patent Trolls? Worth A LOT (Network)

March 23, 2017
If innovation is the lifeblood of tech and of commerce in general, patents are the lifeblood of less than savory characters known as patent trolls. PYMNTS caught up with LOT...

Quick Reads
Google Faces AI Tech Patent Trial Brought by Singular Computing 

January 09, 2024
Google is currently embroiled in a trial that began Tuesday (Jan. 9) in Boston, where it faces accusations of patent infringement related to the processors it uses to power artificial intelligence (AI) technology in its key products.  The trial, brought by Singular Computing, alleges that Google copied the technology of computer scientist Joseph Bates and used it to enhance […]

Visa Patent Application Seeks To Turn Fiat Currencies Into Digital Blockchain Versions

May 15, 2020
Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and...

Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US...

May 03, 2020
Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. The U.S. Patent and...

Amazon Seeks Pharmacy Trademarks In Canada, UK, Australia 

January 21, 2020
Amazon has filed for a trademark for Amazon Pharmacy in several countries, according to a report by CNBC. Those countries include Australia, Canada and the U.K. The trademarks illustrate how...