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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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Alex Kreger Founder & CEO at UXDA
16 December
Kajal Kashyap Business Development Executive at Itio Innovex Pvt. Ltd.
13 December
Prashant Bhardwaj Innovation Manager at Crif
12 December
Kathy Stares EVP North America at Provenir
11 December
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