|
|
|
Monday, November 07, 2005
(DigitalTransactions.net)
|
|
DataTreasury Corp. has scored another victory in its ongoing litigation against major banks, networks, and vendors over alleged infringement of DataTreasury patents covering processes involved in check-image exchange, and now says it is preparing to fight cases it has filed against nine other outstanding defendants. With the decision by France's Groupe Ingenico, a worldwide maker of point-of-sale devices, to settle with DataTreasury, the small, Melville, N.Y.-based technology company has now obtained settlements with half a dozen organizations. The largest of these, JPMorgan Chase & Co., sent shockwaves through the payments world this summer when the banking giant admitted it infringed DataTreasury's patents and recognized the patents' validity and enforceability (Digital Transactions News, July 6).
|
|