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PNC Strikes to Head Off Mobile Banking Patent Suit

Law360
January 26, 2012

Related Professionals: Lavenue, Lionel M., Yang Ph.D., Zhenyu , Young Sr., Michael V.

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On January 25, Finnegan client PNC Financial Services Group Inc. filed a declaratory action against Maxim Integrated Products Inc. in the Western District of Pennsylvania seeking to avoid becoming Maxim’s latest target of patent litigation over mobile payment and banking applications. The suit claims that not only do PNC’s iPhone app and other mobile banking apps not infringe Maxim’s patents, but that the patents in question are invalid.