Identitii Limited has successfully defended against two challenges from JP Morgan Chase (JPMC) to the validity of its U.S. Patent No. 10,984,413, with the US Patent and Trademark Office (USPTO) rejecting JPMC's claims.
This ruling is a significant milestone in Identitii's ongoing patent infringement case against JPMC, filed in October 2023 and currently pending in the United States District Court for the District of Delaware.
Identitii's platform, used by over 200 teams worldwide, aims to improve the security and control of sensitive data in payment information sharing.
The company's mission is to seamlessly connect global payment data and enable the future of digital commerce through enhanced data sharing within the payments industry.
ASX Code: ID8