Swipe Innovations Sues Chase Paymentech and TSYS
- June 18, 2012
Swipe Innovations [NPE] filed two separate suits against Chase Paymentech and TSYS alleging that the defendants’ payment terminal products infringe a patent related to encrypting PIN pads. Swipe has filed eight prior suits since March 2012 against more than 10 defendants, including Capital One, Fujitsu, Global Payments, Honeywell, Motorola, Orpak USA, TechTrex, TransFirst Holdings, and WorldPay US. The patent-in-suit originated with Niobara Research & Development before being assigned to Swipe Innovations by FTE Exchange in November 2011. 6/6, Eastern District of Texas, no judge yet assigned, 9:2012cv00084; 9:2012cv00085.