IP in Financial Services

With the increase in corporate awareness of the importance and value of intellectual property (IP), many companies are looking deep into their businesses to identify areas that could serve as value drivers. The financial service industry is one of the fastest-growing sectors in IP registration and IP commercialization across the globe. Banks, credit card companies, credit unions, consumer finance companies, insurance companies, stock brokerages, and investment funds are catching up with what are considered more traditional IP-generating industries such as pharmaceutical firms, information technology companies, and industrials. There are numerous aspects of financial service businesses that are worth protecting.