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DataTreasury Patents Nixed By PTAB In AIA Review

Law360, New York (April 29, 2015, 8:02 PM EDT) -- A pair of check-imaging patents held by DataTreasury Corp., widely seen as the impetus for shaping the America Invents Act's business method review program, were invalidated by the Patent Trial and Appeal Board on Wednesday under that very program.

The board's final written decisions found that the two patents, known as the Ballard patents, claim nothing more than the abstract idea of transmitting encrypted information from one place to another.

The ruling is a victory for Fidelity National Information Services Inc., which challenged the patents in 2013 after it became the latest major bank or financial institution to be sued by...

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