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MONEYGRAM ORDERED TO PAY WESTERN UNION $16.5M IN PATENT CASE. Interesting issue - the patent question. Unless Western Union created processes that were truely innovative, how can you get a patent for what is essentially a common business practice? That's just a little less absurd thant getting a patent on the wheel. I question the innovation behind Western Union's two step solution. Perhaps one can patent the process for preparing instant coffee - 1 teaspoon instant coffee in mug; add boiling water; add sweetener & milk according to preference; stir - think of the royalties at 1 cent a cup.
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Ugne Buraciene Group CEO at payabl.
16 January
Ritesh Jain Founder at Infynit / Former COO HSBC
15 January
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
13 January
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