Finextra: Visa sued over alleged SMS alert patent infringement
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Started by: zoobabzoobab
Date: 27 Feb 2009 15:57
Number of posts: 1
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Summary:
Visa has been hit with a lawsuit for allegedly infringing a patent covering the notification and authorisation of transactions via text messages sent to cardholders' mobile phones. The suit has been filed by Miami-based Charge Notification Services Corporation (CNSC), which is run by card industry veterans Ivan Ochoa as CEO and COO Daniel Davila. According to legal newswire Law360, the firm filed a suit last Thursday in the US District Court for the Southern District of Florida, claiming Visa had advertised a service that infringed several claims of the patent. Back in August Visa revealed plans to pilot an automated alerting system that will notify cardholders of transaction activity via SMS text message and e-mail.
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