business method patents for fintech startups

Question

We are developing technology that facilitates payment transactions with mobile and connective devices. In the process of business foundation, we are wondering what would be the best approach to effectively protecting our technology. Is it true that business method patents are not really an option anymore for FinTech startups?

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Answers: 2 public & 0 private

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Subject Matter Expert

In addition hiring an attorney, I would also strongly recommend that you get a subject matter expert involved to help you identify the best aspects of your invention to patent and help steer you around the prior art. They can also review your claim language through a technical lens. All of this would be extremely important if the patent is ever litigated, as many highly successful patents often are.

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