2020 Fintech Patent Market Overview

2020 Fintech Patent Market Snapshot

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Key Fintech Patent Market Insights

.● Hitachi’s Fintech research organization has been creating value, putting them in the short list of companies owning more than 1,000 Fintech patents (Visa, Bank of America, and Hitachi).

.● With 59 issued and pending U.S. patents, BofA is the largest patent holder of blockchain patents, a foundation technology driving IP growth.

.● There are nearly 200 Fintech startups that own up to 10 patents, and this is expected to increase before we see industry consolidation.

.● Increased transaction activity for Fintech patents is expected throughout 2020 as companies aim to solidify technology positions.

.● 2018 global Fintech investment surpassed investment dollars in 2016 and 2017 combined. 2019 & 2020 Fintech investment is expected to remain steady as Regtech and Insuretech become prevalent.

.● Over 90% of Fintech patent litigation in the last decade has been from NPEs. An increase in operating company litigation is anticipated including between major banks.

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Fintech Patent Ownership

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Fintech Patent Litigation

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U.S. Fintech Investment by Segment YTD

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To access the full 2020 Fintech Patent Market Overview one-pager, please contact us at info@vitek-ip.com to request your free PDF version.

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Sources: Vitek IP, USPTO, PYMNTS, Cipher, Reclura, CBInsights and S&P Global.