Litigation

Recent Trends in Business-Related Inventions

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Recent Trends in Business-Related Inventions

The Japanese Patent Office (JPO) updated its annual report on “Recent Trends in Business-Related Inventions” in November 2023. The report has summarized patent filings and examination trends in business-related inventions between 1997 and 2021. As for the 2020 updates, please refer to our past newsletter (click here). This article will analyze patent filing trends in … Read more

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

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CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more