On December 22, 2014, the Patent Trial and Appeal Board (PTAB) issued a final written decision in favor of Finnegan client Fidelity National Information Services Inc., finding the four banking patents at issue and owned by Fiserv Inc. as invalid based on the U.S. Supreme Court’s Alice ruling. In a covered business method patent review (CBM), the PTAB determined that the patents at issue, which relate to electronic payment technology, covered abstract ideas and, ultimately, were “too abstract to be patentable” following the Court’s patentability decision in Alice Corp. v. CLS Bank International.
