BROOKFIELD (dpa-AFX) - 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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