Fraud Buster Hits Fed With Patent Suit
Toronto, Canada-based Advanced Software Design Corp., which primarily serves banks and credit unions, filed the lawsuit over technology sold by financial IT firm Fiserv Inc.
According to the suit, Fiserv allegedly copied Advanced Software’s self-authenticating technology and sold it to the Federal Reserve Banks of St. Louis, Philadelphia and Atlanta.
The lawsuit was filed Jan. 22 in U.S....
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