Building on its success in 2018, Bank of America has continued to amass patents at a record pace. In 2019, Bank of America was granted 418 patents from the United States Patent Office, which was more than any other year in Bank of America’s history and represented a 31% increase over the 318 patents that Bank of America earned in 2018.
For the past seven years, Bank of America has held the top spot among financial services institutions on the Intellectual Property Owners Association’s annual list of 300 organizations granted the most U.S. patents, and is in the top 15 of all holders of U.S. banking-related patents and applications. Bank of America’s patent portfolio spans a variety of diverse technologies, including blockchain, artificial intelligence, digital point-of-sale systems and other proprietary tools. Bank of America is particularly active in the blockchain space, where, as of June 2019, Bank of America held 82 blockchain-related patents. Bank of America also holds a variety of patents relating to its virtual financial assistant, Erica, which has nearly 10 million users and is on track to complete more than 100 million client requests since its launch in 2018.
In 2019, Bank of America was granted patents that related to, among other things, virtual reality, machine learning, data analytics, blockchain, and information security. As of today, Bank of America’s patent portfolio consists of more than 3,900 patents and applications, created by more than 5,000 inventors across 12 countries.
As of June 1, 2026, the Trademarks Opposition Board (TMOB) requires all confidential evidence and documentation in proceedings under sections 11.13, 38, or 45 of the Trademarks Act (the “Act”) to be…
The sneaker company, 1587 Sneakers, is reportedly suing Kansas City Chiefs players, Patrick Mahomes and Travis Kelce, along with their restaurant partners, for trademark infringement.1587 Sneakers…
As reported by Bloomberg Law News, PEI Licensing (“PEI”), the owner of the Penguin apparel brand, has sued Pudgy Penguins NFT (“Pudgy Penguins”) for trademark infringement.Pudgy Penguins started as a…
Nike is reportedly attempting to revive its classic “Total 90” soccer cleat line, but has encountered an unexpected setback. Total90, LLC has reportedly asserted that Nike is infringing its…
As reported by Bloomberg, attempts to register marks covering the phrases “All Rise” and “Here Comes the Judge” were rejected by the U.S. Court of Appeals for the Federal Circuit. In…
The Federal Court of Appeal’s recent decision in Promotion in Motion, Inc. (PIM Brands, Inc.) v. Hershey Chocolate & Confectionery LLC offers fresh guidance on how courts evaluate survey evidence…
