GE Faces Patent Fight Over Online Shopping Security

Law360, New York (February 26, 2007, 12:00 AM EST) -- A Utah company which fought a patent battle with American Express over a system to protect online shoppers has waged a second war, this time with General Electric.

Three years after settling with AmEx a suit alleging the credit card company stole its trade secrets and breached a confidentiality agreement TransactionSecure is ready for another fight over its patented technology.

The lawsuit, filed Friday in the Utah federal court, alleges GE Consumer Finance, better known as GE Money, violated the TransactionSecure patent by selling a “single-use...
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