Latest / The InventionSession Podcast by ByteLaw®
Alice Framework Applied to Cross-Currency Trading Patent Eligibility - Intercurrency Software LLC v. Wise PLC (Eastern District of Texas Case No. 2:24-cv-976)
This Episode is based upon a law review note from intellectual property firm ByteLaw® and examines the patent eligibility of four related patents owned by Intercurrency Software LLC, which describe a consolidated trading platform for cross-currency security transactions. The analysis focuses on applying the Supreme Court's two-step Alice framework, considering whether the inventions are directed to an abstract idea and if they possess an inventive concept. The authors argue that these patents likely describe an abstract idea – a method of financial transactions and data presentation –…
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