Fiserv Inc. (FISV), a provider of financial services technology solutions, reported that its wholly owned subsidiaries, CheckFree Corporation and CashEdge Inc., have filed a patent infringement lawsuit against Fidelity National Information Services, Inc.(FIS), and Metavante Corporation, a wholly owned subsidiary of FIS, in the United States District Court for the Middle District of Florida.
The lawsuit alleged that FIS infringes on fiserv's patents when it provides customers with certain financial and payment solutions, including FIS's payment manager products, which process inter-bank account-to-account fund transfers, process payment instructions, and provide electronic biller notifications as an integral part of its electronic bill payment processes.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.