In an unanimous decision, the United States Supreme Court reversed the Federal Circuit's decision in Alice Corp. Pty. Ltd. v. CLS Bank Int'l. The Court held that the method claims directed to facilitate the exchange of financial obligations between two parties by using a computer system as a third-party intermediary was drawn to a patent-ineligible abstract idea. Using the framework provided in Mayo Collaborative Svcs. v. Prometheus Labs., Inc., the Court determined that the claims at issue were directed to the abstract idea of intermediated settlement and generic computer implementation failed to transform the abstract idea into a patent-eligible invention. Full text of the opinion is available here.
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