Mobile phones are changing the way people make payments.
What’s on the community bank CEO horizon? M&A, mobile payments, mortgages and more.
By a bipartisan 24-8 vote, the House Judiciary Committee yesterday approved the Innovation Act (H.R. 9), which would seek to reduce abuse of the patent system.
By a bipartisan 16-4 vote, the Senate Judiciary Committee today approved the PATENT Act (S. 1137), which would seek to reduce abuse of the patent system through vaguely worded demand letters sent to businesses by patent trolls.
The new .bank and .insurance domains coming online this year will provide an “incredible opportunity” to provide a more secure payments infrastructure, ABA and the Financial Services Roundtable said in a letter to the Federal Reserve officials leading the Fed’s faster payments initiative.
Financial institutions and other businesses need protection from abusive patent trolls, ABA and several trade groups said in a statement for the record for a Senate Judiciary Committee hearing yesterday.
Recent actions by the Financial Crimes Enforcement Network indicate that regulatory pressure on virtual currency companies is heating up.
The new .BANK domain is rolling out this year with greater online security and new branding opportunities.
Patent troll legislation currently before the House Energy and Commerce Committee does too little to protect banks and other businesses from abusive patent infringement claims, ABA and several other trade groups said yesterday.