Fiserv Targeted In Latest Suit Over Online Bill Pay

Law360, New York (July 22, 2008, 12:00 AM EDT) -- A Florida man has stepped up his patent infringement campaign against companies in the financial services industry with a new suit accusing information technology company Fiserv Inc. of infringing technology involved in online banking.

Leon Stambler of Parkland, Fla., filed the suit Monday in the U.S. District Court for the Eastern District of Texas accusing Fiserv and subsidiary CheckFree Corp. of infringing his patent for a method of keeping information secure in online transactions.

Wisconsin-based Fiserv provides information technology services to the financial and insurance industries,...
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