It looks like the legislation they lobbied for pertains specifically to "...a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."
> the language of Mr. Schumer’s provision seems aimed at banks or, specifically, "a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."
It'd be nice if they'd attack business method patents in general, instead of just trying to carve out a little exception for themselves.
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[ 357 ms ] story [ 1288 ms ] thread> the language of Mr. Schumer’s provision seems aimed at banks or, specifically, "a method or corresponding apparatus for performing data processing operations used in the practice, administration or management of a financial product or service."
It'd be nice if they'd attack business method patents in general, instead of just trying to carve out a little exception for themselves.